GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PTT Exploration & Production PCL (OTCPK:PEXNY) » Definitions » Gross Profit

PTT Exploration & Production PCL (PTT Exploration & Production PCL) Gross Profit : $5,626 Mil (TTM As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is PTT Exploration & Production PCL Gross Profit?

PTT Exploration & Production PCL's gross profit for the three months ended in Mar. 2024 was $1,385 Mil. PTT Exploration & Production PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $5,626 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PTT Exploration & Production PCL's gross profit for the three months ended in Mar. 2024 was $1,385 Mil. PTT Exploration & Production PCL's Revenue for the three months ended in Mar. 2024 was $2,107 Mil. Therefore, PTT Exploration & Production PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 65.76%.

PTT Exploration & Production PCL had a gross margin of 65.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of PTT Exploration & Production PCL was 67.76%. The lowest was 42.13%. And the median was 56.91%.


PTT Exploration & Production PCL Gross Profit Historical Data

The historical data trend for PTT Exploration & Production PCL's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PTT Exploration & Production PCL Gross Profit Chart

PTT Exploration & Production PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,685.86 2,737.75 3,926.62 6,443.97 5,824.30

PTT Exploration & Production PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,571.47 1,287.40 1,457.81 1,495.77 1,385.28

Competitive Comparison of PTT Exploration & Production PCL's Gross Profit

For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PTT Exploration & Production PCL's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where PTT Exploration & Production PCL's Gross Profit falls into.



PTT Exploration & Production PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

PTT Exploration & Production PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=8595.912 - 2771.612
=5,824

PTT Exploration & Production PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2106.708 - 721.424
=1,385

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,626 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

PTT Exploration & Production PCL's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,385 / 2106.708
=65.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


PTT Exploration & Production PCL  (OTCPK:PEXNY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

PTT Exploration & Production PCL had a gross margin of 65.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage


PTT Exploration & Production PCL Gross Profit Related Terms

Thank you for viewing the detailed overview of PTT Exploration & Production PCL's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


PTT Exploration & Production PCL (PTT Exploration & Production PCL) Business Description

Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 6th and 19th –36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the leading revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, property leasing, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL (PTT Exploration & Production PCL) Headlines