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Lonestar Resources US (Lonestar Resources US) Gross Margin % : 70.00% (As of Jun. 2021)


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What is Lonestar Resources US Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lonestar Resources US's Gross Profit for the three months ended in Jun. 2021 was $32.2 Mil. Lonestar Resources US's Revenue for the three months ended in Jun. 2021 was $46.0 Mil. Therefore, Lonestar Resources US's Gross Margin % for the quarter that ended in Jun. 2021 was 70.00%.


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

LONEQ' s Gross Margin % Range Over the Past 10 Years
Min: -27.26   Med: 35.08   Max: 53.85
Current: 53.85


During the past 9 years, the highest Gross Margin % of Lonestar Resources US was 53.85%. The lowest was -27.26%. And the median was 35.08%.

LONEQ's Gross Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 27.875 vs LONEQ: 53.85

Lonestar Resources US had a gross margin of 70.00% for the quarter that ended in Jun. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lonestar Resources US was 0.00% per year.


Lonestar Resources US Gross Margin % Historical Data

The historical data trend for Lonestar Resources US'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.

Lonestar Resources US Gross Margin % Chart

Lonestar Resources US Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only -27.26 15.10 40.04 30.12 -

Lonestar Resources US Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -34.72 16.21 - 65.55 70.00

Competitive Comparison of Lonestar Resources US's Gross Margin %

For the Oil & Gas E&P subindustry, Lonestar Resources US'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.


Lonestar Resources US's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Lonestar Resources US's Gross Margin % falls into.



Lonestar Resources US Gross Margin % Calculation

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

Lonestar Resources US's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Lonestar Resources US's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=32.2 / 46.027
=(Revenue - Cost of Goods Sold) / Revenue
=(46.027 - 13.81) / 46.027
=70.00 %

* 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.


Lonestar Resources US  (OTCPK:LONEQ) 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

Lonestar Resources US had a gross margin of 70.00% for the quarter that ended in Jun. 2021 => 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.


Lonestar Resources US Gross Margin % Related Terms

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


Lonestar Resources US (Lonestar Resources US) Business Description

Traded in Other Exchanges
N/A
Address
111 Boland Street, Suite 301, Fort Worth, TX, USA, 76107
Lonestar Resources US Inc is an oil and natural gas company. It focuses on the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas in the Eagle Ford Shale in South Texas. The properties in the Eagle Ford are divided into three distinct regions namely the Western Eagle Ford, Central Eagle Ford, and Eastern Eagle Ford. The vast majority of its revenue is generated from oil sales.
Executives
John H Pinkerton director 3437 W 7TH ST #234, FORT WORTH TX 76107-2718
Barry Schneider officer: CHIEF OPERATING OFFICER 111 BOLAND STREET, SUITE 300, FORT WORTH TX 76107
Jana Payne officer: VP - GEOSCIENCE 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Thomas H Olle officer: VP - RESERVIOR ENGINEERING 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Bracken Frank D Iii director, officer: CEO 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Jason N Werth officer: Chief Accounting Officer 600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Gregory R Packer officer: See Remarks 600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Chambers Energy Capital Iii, Lp 10 percent owner 600 TRAVIS STREET SUITE 4700 HOUSTON TX 77002
Cec Gp, Llc 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Cec Fund Iii Gp,llc 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
John Robert Chambers 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen H Oglesby director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Randy L Wolsey director 111 BOLAND STREET SUITE 300 FORT WORTH TX 76107
Daniel R Lockwood director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107