Pipestone Energy (TSX:PIPE) COGS-to-Revenue : 0.36 (As of Jun. 2023)

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What is Pipestone Energy COGS-to-Revenue?

Pipestone Energy's Cost of Goods Sold for the three months ended in Jun. 2023 was C$44.1 Mil. Its Revenue for the three months ended in Jun. 2023 was C$121.3 Mil.

Pipestone Energy's COGS to Revenue for the three months ended in Jun. 2023 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pipestone Energy's Gross Margin % for the three months ended in Jun. 2023 was 63.64%.

Pipestone Energy COGS-to-Revenue Historical Data

The historical data trend for Pipestone Energy'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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Pipestone Energy COGS-to-Revenue Chart

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.32

0.33

0.42

0.21

0.23

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.17	0.25	0.32	0.32	0.36

Pipestone Energy COGS-to-Revenue Calculation

Pipestone Energy's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	167.793	/	723.755
	=	0.23

Pipestone Energy's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	44.116	/	121.346
	=	0.36

Pipestone Energy (TSX:PIPE) COGS-to-Revenue Explanation

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

Pipestone Energy's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	44.116 / 121.346
	=	63.64 %

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.

Pipestone Energy COGS-to-Revenue Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (TSX:PIPE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

Executives

Gmt Capital Corp

Director

Pipestone Energy (TSX:PIPE) Headlines

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