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GuruFocus has detected 2 Warning Signs with Mid-Con Energy Partners LP $MCEP.
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Mid-Con Energy Partners LP (NAS:MCEP)
Net Margin %
-36.13% (As of Dec. 2016)

Net margin is calculated as net income divided by its revenue. Mid-Con Energy Partners LP's net income for the three months ended in Dec. 2016 was $-4.12 Mil. Mid-Con Energy Partners LP's revenue for the three months ended in Dec. 2016 was $11.40 Mil. Therefore, Mid-Con Energy Partners LP's net margin for the quarter that ended in Dec. 2016 was -36.13%.

MCEP' s Net Margin % Range Over the Past 10 Years
Min: -99.18   Max: 48.25
Current: -59.37

-99.18
48.25
MCEP's Net Margin % is ranked lower than
53% of the 429 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -49.17 vs. MCEP: -59.37 )

Definition

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mid-Con Energy Partners LP's Net Margin for the fiscal year that ended in Dec. 2016 is calculated as

Net Margin=Net Income (A: Dec. 2016 )/Revenue (A: Dec. 2016 )
=-26.063/43.896
=-59.37 %

Mid-Con Energy Partners LP's Net Margin for the quarter that ended in Dec. 2016 is calculated as

Net Margin=Net Income (Q: Dec. 2016 )/Revenue (Q: Dec. 2016 )
=-4.12/11.404
=-36.13 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company’s profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Related Terms

Net Income, Revenue, Cost of Goods Sold, Selling, General, & Admin. Expense, Research & Development, Depreciation, Depletion and Amortization, Interest Expense, Non-Recurring Items, Tax Expense


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mid-Con Energy Partners LP Annual Data

Dec10Dec11Dec12Dec13Dec14Dec15Dec16
netmargin 0.000.000.006.1748.2544.3935.2117.81-99.18-59.37

Mid-Con Energy Partners LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
netmargin 47.960.16-21.40-62.35-66.58-222.41-23.94-336.30-20.49-36.13
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