Northern Oil & Gas (NOG)
Create an AlertNorthern Oil & Gas Gross Profit Margin Quarterly:
75.77% for March 31, 2013Northern Oil & Gas Historical Gross Profit Margin Quarterly Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| 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% |
| Sept. 30, 2010 | 72.79% |
| June 30, 2010 | 90.23% |
| March 31, 2010 | 86.45% |
| Dec. 31, 2009 | 85.70% |
| Sept. 30, 2009 | 86.13% |
| June 30, 2009 | 86.41% |
| March 31, 2009 | 76.80% |
| Dec. 31, 2008 | 87.07% |
| Sept. 30, 2008 | 98.67% |
| June 30, 2008 | 93.95% |
| March 31, 2008 | Go Pro |
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.
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NOG Gross Profit Margin Quarterly Benchmarks
| Companies | |
|---|---|
| Halcon Resources | 85.80% |
| Continental Resources | 54.50% |
| Oasis Petroleum | 81.33% |
NOG Gross Profit Margin Quarterly Rankings
| Overall |
95th percentile 690 of 16782 |
| Sector |
89th percentile 103 of 1029 in Energy |
| Industry |
84th percentile 79 of 523 in Oil & Gas E&P |
NOG Gross Profit Margin Quarterly Range, Past 5 Years
| Minimum | -83.33% | Mar 2011 |
| Maximum | 98.67% | Sep 2008 |
| Average | 74.19% |