Energean (LSE:ENOG) COGS-to-Revenue : 0.51 (As of Dec. 2023)

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What is Energean COGS-to-Revenue?

Energean's Cost of Goods Sold for the six months ended in Dec. 2023 was £333 Mil. Its Revenue for the six months ended in Dec. 2023 was £657 Mil.

Energean's COGS to Revenue for the six months ended in Dec. 2023 was 0.51.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Energean's Gross Margin % for the six months ended in Dec. 2023 was 49.37%.

Energean COGS-to-Revenue Historical Data

The historical data trend for Energean'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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Energean COGS-to-Revenue Chart

Energean Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.87

1.73

0.69

0.49

0.54

Energean Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.68	0.47	0.50	0.58	0.51

Energean COGS-to-Revenue Calculation

Energean's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	600.041	/	1121.51
	=	0.54

Energean's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	332.77	/	657.273
	=	0.51

Energean (LSE:ENOG) COGS-to-Revenue Explanation

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

Energean's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	332.77 / 657.273
	=	49.37 %

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.

Energean COGS-to-Revenue Related Terms

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Energean (LSE:ENOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energean PLC (LSE:ENOG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

EERGF:USA ENOG:Israel ENOGl:UK 1YE:Germany

Address

44 Baker Street, 3rd Floor, Accurist House, London, GBR, W1U 7AL

Website

https://www.energean.com

Energean PLC is an oil and gas company. The principal activity of the group is the exploration, production, and commercialization of crude oil and natural gas. Its segments are Europe (including Greece, Italy, the UK, and Croatia), Israel, Egypt, and New Ventures (Montenegro and Malta). The company's majority of its revenue comes from the European segment of crude oil sales.

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