* 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.
Competitive Comparison of BreitBurn Energy Partners LP's Gross Profit
For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP's Gross Profit, along with its competitors' market caps and Gross Profit 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.
BreitBurn Energy Partners LP's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BreitBurn Energy Partners LP's Gross Profit distribution charts can be found below:
* The bar in red indicates where BreitBurn Energy Partners LP's Gross Profit falls into.
BreitBurn Energy Partners LP Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $198.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
BreitBurn Energy Partners LP (OTCPK:BBEPQ) Gross Profit 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
BreitBurn Energy Partners LP had a gross margin of 33.42% for the quarter that ended in Sep. 2017 => Competition eroding margins
BreitBurn Energy Partners LP Gross Profit Related Terms
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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.
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