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Anadarko Petroleum (Anadarko Petroleum) Gross Margin % : 42.75% (As of Jun. 2019)


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What is Anadarko Petroleum Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anadarko Petroleum's Gross Profit for the three months ended in Jun. 2019 was $1,469 Mil. Anadarko Petroleum's Revenue for the three months ended in Jun. 2019 was $3,436 Mil. Therefore, Anadarko Petroleum's Gross Margin % for the quarter that ended in Jun. 2019 was 42.75%.


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


APC's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 28
* Ranked among companies with meaningful Gross Margin % only.

Anadarko Petroleum had a gross margin of 42.75% for the quarter that ended in Jun. 2019 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Anadarko Petroleum was 0.00% per year.


Anadarko Petroleum Gross Margin % Historical Data

The historical data trend for Anadarko Petroleum'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.

Anadarko Petroleum Gross Margin % Chart

Anadarko Petroleum Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.55 19.88 16.61 31.16 45.13

Anadarko Petroleum Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 46.31 48.35 40.89 42.66 42.75

Competitive Comparison of Anadarko Petroleum's Gross Margin %

For the Oil & Gas E&P subindustry, Anadarko Petroleum'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.


Anadarko Petroleum's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Anadarko Petroleum's Gross Margin % falls into.



Anadarko Petroleum Gross Margin % Calculation

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

Anadarko Petroleum's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=6030 / 13362
=(Revenue - Cost of Goods Sold) / Revenue
=(13362 - 7332) / 13362
=45.13 %

Anadarko Petroleum's Gross Margin for the quarter that ended in Jun. 2019 is calculated as


Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=1469 / 3436
=(Revenue - Cost of Goods Sold) / Revenue
=(3436 - 1967) / 3436
=42.75 %

* 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.


Anadarko Petroleum  (NYSE:APC) 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

Anadarko Petroleum had a gross margin of 42.75% for the quarter that ended in Jun. 2019 => 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.


Anadarko Petroleum Gross Margin % Related Terms

Thank you for viewing the detailed overview of Anadarko Petroleum's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anadarko Petroleum (Anadarko Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1201 Lake Robbins Drive, The Woodlands, TX, USA, 77380-1046
Anadarko Petroleum, based in The Woodlands, Texas, is one of the largest independent exploration and production companies in North America. Its asset base includes conventional and unconventional properties in the U.S. and deepwater oil and gas projects in the Gulf of Mexico and Africa. At the end of 2017, proven reserves totaled 1.44 billion boe, with net production of 672 mboe/d.
Executives
Paulett Eberhart director C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
David E Constable director ONE ENTERPRISE DRIVE, ALISO VIEJO CA 92656
Michael K Grimm director 3141 HOOD STREET, SUITE 350, DALLAS TX 75219
Amanda M. Mcmillian officer: EVP and General Counsel 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Benjamin Matthew Fink officer: EVP, Finance and CFO 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Mitchell W Ingram officer: EVP, Intl, DW & Exploration 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Daniel E Brown officer: EVP, US Onshore Operations 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Robert G Gwin officer: President 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Joseph W Gorder director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Alexandra Pruner director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher O Champion officer: SVP, CAO and Controller 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Peter J Fluor director 20 N. BROADWAY, OKLAHOMA CITY OK 73102
Eric D. Mullins director HERITAGE PLAZA, 1111 BAGBY STREET, SUITE 4600, HOUSTON TX 77002
R A Walker director, officer: Chairman & CEO 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380

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