New Source Energy Partners LP (New Source Energy Partners LP) Gross Margin % : 10.72% (As of Sep. 2015)

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What is New Source Energy Partners LP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. New Source Energy Partners LP's Gross Profit for the three months ended in Sep. 2015 was $2.2 Mil. New Source Energy Partners LP's Revenue for the three months ended in Sep. 2015 was $20.1 Mil. Therefore, New Source Energy Partners LP's Gross Margin % for the quarter that ended in Sep. 2015 was 10.72%.

The historical rank and industry rank for New Source Energy Partners LP's Gross Margin % or its related term are showing as below:

NSLPQ's Gross Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 27.83
* Ranked among companies with meaningful Gross Margin % only.

New Source Energy Partners LP had a gross margin of 10.72% for the quarter that ended in Sep. 2015 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for New Source Energy Partners LP was 0.00% per year.

New Source Energy Partners LP Gross Margin % Historical Data

The historical data trend for New Source Energy Partners LP'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.

New Source Energy Partners LP Gross Margin % Chart

New Source Energy Partners LP Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Gross Margin %

74.01

78.32

79.32

65.78

50.28

New Source Energy Partners LP Quarterly Data
	Dec10	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Gross Margin %	Get a 7-Day Free Trial													47.05	43.15	28.05	22.23	10.72

Competitive Comparison of New Source Energy Partners LP's Gross Margin %

For the Oil & Gas E&P subindustry, New Source Energy Partners LP'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.

New Source Energy Partners LP's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Source Energy Partners LP's Gross Margin % distribution charts can be found below:

* The bar in red indicates where New Source Energy Partners LP's Gross Margin % falls into.

New Source Energy Partners LP Gross Margin % Calculation

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

New Source Energy Partners LP's Gross Margin for the fiscal year that ended in Dec. 2014 is calculated as

Gross Margin % (A: Dec. 2014 )	=	Gross Profit (A: Dec. 2014 )	/	Revenue (A: Dec. 2014 )
	=	83.3	/	165.643
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(165.643 - 82.354)	/	165.643
	=	50.28 %

New Source Energy Partners LP's Gross Margin for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )	=	Gross Profit (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	2.2	/	20.105
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(20.105 - 17.95)	/	20.105
	=	10.72 %

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.

New Source Energy Partners LP (OTCPK:NSLPQ) 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

New Source Energy Partners LP had a gross margin of 10.72% for the quarter that ended in Sep. 2015 => No sustainable 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.

New Source Energy Partners LP Gross Margin % Related Terms

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New Source Energy Partners LP (New Source Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New Source Energy Partners LP (OTCPK:NSLPQ) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

914 North Broadway, Suite 230, Oklahoma City, OK, USA, 73102

Website

http://www.newsource.com

New Source Energy Partners LP is engaged in the development and production of onshore oil and natural gas properties which are extended across the conventional resource reservoirs in east-central Oklahoma. In addition, it is also involved in the oilfield services which provides essential well site services during the drilling and completion stages of a well, including full-service blowout prevention installation, pressure testing services, including certain ancillary equipment necessary to perform such services, well testing and flowback services to companies in the oil and natural gas industry primarily in Oklahoma, Texas, New Mexico, Kansas, Pennsylvania, Ohio and West Virginia.

Executives

Paula Maxwell	officer: Vice President Accounting	914 N. BROADWAY OKLAHOMA CITY OK 73102
Kristian B Kos	director, officer: Chairman and CEO	P.O. BOX 1097 OKLAHOMA CITY OK 73101
David James Chernicky	10 percent owner	1307 S BOULDER AVE FL400 TULSA OK 74119
Amber Bonney	officer: VP and PAO	914 N. BROADWAY, SUITE 230, OKLAHOMA CITY OK 73102
Tom R Russell	officer: VP, Senior Counsel and Sec	914 N. BROADWAY, SUITE 230 OKLAHOMA CITY OK 73102
J Carter Robinson	officer: VP Administration	914 N. BROADWAY, SUITE 230 OKLAHOMA CITY OK 73102
Carol T Bryant	officer: Senior Engineer	914 NORTH BROADWAY SUITE 230 OKLAHOMA CITY OK 73102
Dikran Tourian	director, officer: President and COO	914 NORTH BROADWAY, SUITE 230 OKLAHOMA CITY OK 73102
Reynolds Charles Lee Iii	director	914 NORTH BROADWAY SUITE 230 OKLAHOMA CITY OK 73102
Scintilla, Llc	10 percent owner	1435 SOUTH BOULDER, SUITE 110 TULSA OK 74119
John A Raber	director	1200 SMITH STREET SUITE 2300 HOUSTON TX 77002
New Source Energy Corp	10 percent owner, other: Director by Deputization	914 NORTH BROADWAY SUITE 230 OKLAHOMA CITY OK 73102
V Bruce Thompson	director	1600 BROADWAY STE 2200, C/O FOREST OIL CORP, DENVER CO 80202
Richard Finley	officer: CFO and Treasurer	1421 E 45TH ST SHAWNEE OK 74804
Phil B Albert	director	1307 S BOULDER AVE FL400 TULSA OK 74119

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