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WPX Energy Gross Profit

: $1,149 Mil (TTM As of Sep. 2019)
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WPX Energy's gross profit for the three months ended in Sep. 2019 was $294 Mil. WPX Energy's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was $1,149 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. WPX Energy's gross profit for the three months ended in Sep. 2019 was $294 Mil. WPX Energy's Revenue for the three months ended in Sep. 2019 was $620 Mil. Therefore, WPX Energy's Gross Margin % for the quarter that ended in Sep. 2019 was 47.42%.

WPX Energy had a gross margin of 47.42% for the quarter that ended in Sep. 2019 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of WPX Energy was 53.44%. The lowest was 3.50%. And the median was 25.81%.


WPX Energy Gross Profit Historical Data

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

* Premium members only.

WPX Energy Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 676.00 95.00 24.00 449.00 1,163.00

WPX Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 341.00 284.00 256.00 315.00 294.00

Competitive Comparison
* 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.


WPX Energy Gross Profit Distribution

* The bar in red indicates where WPX Energy's Gross Profit falls into.



WPX Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

WPX Energy's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=2229 - 1066
=1,163

WPX Energy's Gross Profit for the quarter that ended in Sep. 2019 is calculated as

Gross Profit (Q: Sep. 2019 )=Revenue - Cost of Goods Sold
=620 - 326
=294

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 was 284 (Dec. 2018 ) + 256 (Mar. 2019 ) + 315 (Jun. 2019 ) + 294 (Sep. 2019 ) = $1,149 Mil.

Gross Profit is the numerator in the calculation of Gross Margin:

WPX Energy's Gross Margin % for the quarter that ended in Sep. 2019 is calculated as

Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=294 / 620
=47.42 %

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


WPX Energy  (NYSE:WPX) 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

WPX Energy had a gross margin of 47.42% for the quarter that ended in Sep. 2019 => Durable competitive advantage


WPX Energy Gross Profit Related Terms


WPX Energy Gross Profit Headlines

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