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Camber Energy (Camber Energy) Gross Margin % : 27.91% (As of Dec. 2023)


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What is Camber Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Camber Energy's Gross Profit for the three months ended in Dec. 2023 was $2.13 Mil. Camber Energy's Revenue for the three months ended in Dec. 2023 was $7.65 Mil. Therefore, Camber Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 27.91%.


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

CEI' s Gross Margin % Range Over the Past 10 Years
Min: 7.96   Med: 28.24   Max: 33.11
Current: 29.04


During the past 13 years, the highest Gross Margin % of Camber Energy was 33.11%. The lowest was 7.96%. And the median was 28.24%.

CEI's Gross Margin % is ranked better than
51.46% of 927 companies
in the Oil & Gas industry
Industry Median: 27.88 vs CEI: 29.04

Camber Energy had a gross margin of 27.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Camber Energy was -0.80% per year.


Camber Energy Gross Margin % Historical Data

The historical data trend for Camber Energy'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.

Camber Energy Gross Margin % Chart

Camber Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.11 19.07 31.06 30.28 28.24

Camber Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 12.76 23.06 29.00 29.93 27.91

Competitive Comparison of Camber Energy's Gross Margin %

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


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

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

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



Camber Energy Gross Margin % Calculation

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

Camber Energy's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=9.1 / 32.054
=(Revenue - Cost of Goods Sold) / Revenue
=(32.054 - 23.001) / 32.054
=28.24 %

Camber Energy's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2.1 / 7.647
=(Revenue - Cost of Goods Sold) / Revenue
=(7.647 - 5.513) / 7.647
=27.91 %

* 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.


Camber Energy  (AMEX:CEI) 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

Camber Energy had a gross margin of 27.91% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Camber Energy Gross Margin % Related Terms

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


Camber Energy (Camber Energy) Business Description

Traded in Other Exchanges
Address
15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094
Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
John F Mcvicar officer: Chief Financial Officer 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Troy Andrew Caruso 10 percent owner 10 COLONIAL DRIVE, SMITHTOWN NY 11787
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Rad2 Minerals, Ltd 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209