Northern Oil & Gas Gross Profit Margin (Quarterly):69.33% for Sept. 30, 2013
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Northern Oil & Gas Gross Profit Margin (Quarterly) Chart
Northern Oil & Gas Historical Gross Profit Margin (Quarterly) DataPro Export Data Date Range:
|Data for this Date Range|
|Sept. 30, 2013||69.33%|
|June 30, 2013||81.32%|
|March 31, 2013||75.77%|
|Dec. 31, 2012||78.59%|
|Sept. 30, 2012||72.00%|
|June 30, 2012||88.30%|
|March 31, 2012||75.08%|
|Dec. 31, 2011||68.08%|
|Sept. 30, 2011||88.16%|
|June 30, 2011||88.34%|
|March 31, 2011||-83.33%|
|Dec. 31, 2010||68.69%|
There is no data for the selected date range.
About Gross Profit Margin
A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.
If a company produces phones and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32M - $24M) / $32M = 25 percent.
Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is $250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from $250 to $200, the gross profit margin is 60 percent ((500-200)/500).
Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.
NOG Gross Profit Margin (Quarterly) Benchmarks
NOG Gross Profit Margin (Quarterly) Range, Past 5 Years
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