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Titan Energy LLC (Titan Energy LLC) Gross Margin % : 55.73% (As of Sep. 2017)


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What is Titan Energy LLC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Titan Energy LLC's Gross Profit for the three months ended in Sep. 2017 was $27.5 Mil. Titan Energy LLC's Revenue for the three months ended in Sep. 2017 was $49.4 Mil. Therefore, Titan Energy LLC's Gross Margin % for the quarter that ended in Sep. 2017 was 55.73%.


The historical rank and industry rank for Titan Energy LLC's Gross Margin % or its related term are showing as below:


TTEN's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 28.07
* Ranked among companies with meaningful Gross Margin % only.

Titan Energy LLC had a gross margin of 55.73% for the quarter that ended in Sep. 2017 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Titan Energy LLC was 0.00% per year.


Titan Energy LLC Gross Margin % Historical Data

The historical data trend for Titan Energy LLC's Gross Margin % 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.

Titan Energy LLC Gross Margin % Chart

Titan Energy LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial 36.68 42.33 14.34 12.66 -

Titan Energy LLC Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Gross Margin % 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 - - 52.68 50.63 55.73

Competitive Comparison of Titan Energy LLC's Gross Margin %

For the Oil & Gas E&P subindustry, Titan Energy LLC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Titan Energy LLC's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Titan Energy LLC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Titan Energy LLC's Gross Margin % falls into.



Titan Energy LLC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Titan Energy LLC's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Titan Energy LLC's Gross Margin for the quarter that ended in Sep. 2017 is calculated as


Gross Margin % (Q: Sep. 2017 )=Gross Profit (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=27.5 / 49.421
=(Revenue - Cost of Goods Sold) / Revenue
=(49.421 - 21.881) / 49.421
=55.73 %

* 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.


Titan Energy LLC  (OTCPK:TTEN) Gross Margin % 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

Titan Energy LLC had a gross margin of 55.73% for the quarter that ended in Sep. 2017 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Titan Energy LLC Gross Margin % Related Terms

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Titan Energy LLC (Titan Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.

Titan Energy LLC (Titan Energy LLC) Headlines