Newfield Exploration Co (FRA:NX9) COGS-to-Revenue : 0.41 (As of Sep. 2018)

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What is Newfield Exploration Co COGS-to-Revenue?

Newfield Exploration Co's Cost of Goods Sold for the three months ended in Sep. 2018 was €252 Mil. Its Revenue for the three months ended in Sep. 2018 was €609 Mil.

Newfield Exploration Co's COGS to Revenue for the three months ended in Sep. 2018 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Newfield Exploration Co's Gross Margin % for the three months ended in Sep. 2018 was 58.65%.

Newfield Exploration Co COGS-to-Revenue Historical Data

The historical data trend for Newfield Exploration Co's COGS-to-Revenue 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.

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Newfield Exploration Co COGS-to-Revenue Chart

Newfield Exploration Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

COGS-to-Revenue

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0.41

0.50

0.75

0.60

0.47

Newfield Exploration Co Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
COGS-to-Revenue	Get a 7-Day Free Trial															0.50	0.44	0.41	0.38	0.41

Newfield Exploration Co COGS-to-Revenue Calculation

Newfield Exploration Co's COGS to Revenue for the fiscal year that ended in Dec. 2017 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	702.195	/	1493.115
	=	0.47

Newfield Exploration Co's COGS to Revenue for the quarter that ended in Sep. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	251.958	/	609.327
	=	0.41

Newfield Exploration Co (FRA:NX9) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Newfield Exploration Co's Gross Margin % for the three months ended in Sep. 2018 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	251.958 / 609.327
	=	58.65 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Newfield Exploration Co (FRA:NX9) Business Description

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Address

Website

http://www.newfield.com

Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.

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