Northern Oil & Gas Inc (NOG)
40.85
+0.21
(+0.52%)
USD |
NYSE |
May 21, 10:28
Northern Oil & Gas Gross Profit Margin (Quarterly): 38.19% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 38.19% |
December 31, 2023 | 45.22% |
September 30, 2023 | 49.67% |
June 30, 2023 | 45.58% |
March 31, 2023 | 51.55% |
December 31, 2022 | 57.86% |
September 30, 2022 | 66.91% |
June 30, 2022 | 70.29% |
March 31, 2022 | 68.82% |
December 31, 2021 | 64.36% |
September 30, 2021 | 61.85% |
June 30, 2021 | 59.19% |
March 31, 2021 | 49.80% |
December 31, 2020 | 29.65% |
September 30, 2020 | 16.02% |
June 30, 2020 | -216.0% |
March 31, 2020 | 14.72% |
December 31, 2019 | 28.45% |
September 30, 2019 | 34.61% |
June 30, 2019 | 42.44% |
March 31, 2019 | 37.96% |
December 31, 2018 | 45.33% |
September 30, 2018 | 57.37% |
June 30, 2018 | 56.65% |
March 31, 2018 | 55.07% |
Date | Value |
---|---|
December 31, 2017 | 48.14% |
September 30, 2017 | 39.13% |
June 30, 2017 | 37.47% |
March 31, 2017 | 40.72% |
December 31, 2016 | 36.88% |
September 30, 2016 | 31.31% |
June 30, 2016 | 26.00% |
March 31, 2016 | -14.80% |
December 31, 2015 | -2.04% |
September 30, 2015 | 1.01% |
June 30, 2015 | 9.34% |
March 31, 2015 | -28.47% |
December 31, 2014 | 20.82% |
September 30, 2014 | 39.23% |
June 30, 2014 | 44.32% |
March 31, 2014 | 40.53% |
December 31, 2013 | 39.56% |
September 30, 2013 | 50.10% |
June 30, 2013 | 44.11% |
March 31, 2013 | 48.01% |
December 31, 2012 | 44.92% |
September 30, 2012 | 44.35% |
June 30, 2012 | 43.87% |
March 31, 2012 | 52.47% |
December 31, 2011 | 6.60% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-216.0%
Minimum
Jun 2020
70.29%
Maximum
Jun 2022
33.96%
Average
47.62%
Median
Gross Profit Margin (Quarterly) Benchmarks
Devon Energy Corp | 27.53% |
Amplify Energy Corp | 32.77% |
Evolution Petroleum Corp | 19.55% |
Houston American Energy Corp | -34.07% |
Tellurian Inc | 16.64% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 37.52% |
Return on Assets | 14.55% |
Return on Invested Capital | 17.30% |
Profit Margin (Quarterly) | 2.17% |
Operating Margin (Quarterly) | 35.68% |
Return on Net Operating Assets | 14.99% |