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Twin Butte Energy (Twin Butte Energy) Gross Profit : $37.7 Mil (TTM As of Jun. 2016)


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What is Twin Butte Energy Gross Profit?

Twin Butte Energy's gross profit for the three months ended in Jun. 2016 was $11.5 Mil. Twin Butte Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2016 was $37.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Twin Butte Energy's gross profit for the three months ended in Jun. 2016 was $11.5 Mil. Twin Butte Energy's Revenue for the three months ended in Jun. 2016 was $31.6 Mil. Therefore, Twin Butte Energy's Gross Margin % for the quarter that ended in Jun. 2016 was 36.25%.

Twin Butte Energy had a gross margin of 36.25% for the quarter that ended in Jun. 2016 => Competition eroding margins


Twin Butte Energy Gross Profit Historical Data

The historical data trend for Twin Butte Energy'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.

Twin Butte Energy Gross Profit Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.73 128.47 147.36 244.33 67.39

Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 31.63 14.68 10.01 1.59 11.47

Competitive Comparison of Twin Butte Energy's Gross Profit

For the Oil & Gas E&P subindustry, Twin Butte Energy'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.


Twin Butte Energy's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Twin Butte Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Twin Butte Energy's Gross Profit falls into.



Twin Butte Energy Gross Profit Calculation

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

Twin Butte Energy's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=175.578 - 108.189
=67.4

Twin Butte Energy's Gross Profit for the quarter that ended in Jun. 2016 is calculated as

Gross Profit (Q: Jun. 2016 )=Revenue - Cost of Goods Sold
=31.627 - 20.161
=11.5

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $37.7 Mil.

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

Twin Butte Energy's Gross Margin % for the quarter that ended in Jun. 2016 is calculated as

Gross Margin % (Q: Jun. 2016 )=Gross Profit (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.5 / 31.627
=36.25 %

* 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.


Twin Butte Energy  (OTCPK:TBTEF) 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

Twin Butte Energy had a gross margin of 36.25% for the quarter that ended in Jun. 2016 => Competition eroding margins


Twin Butte Energy Gross Profit Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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