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Carbon Energy (Carbon Energy) Gross Margin % : -131.13% (As of Jun. 2020)


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What is Carbon Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Carbon Energy's Gross Profit for the three months ended in Jun. 2020 was $-6.5 Mil. Carbon Energy's Revenue for the three months ended in Jun. 2020 was $5.0 Mil. Therefore, Carbon Energy's Gross Margin % for the quarter that ended in Jun. 2020 was -131.13%.


The historical rank and industry rank for Carbon Energy's Gross Margin % or its related term are showing as below:


CRBO's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 28.055
* Ranked among companies with meaningful Gross Margin % only.

Carbon Energy had a gross margin of -131.13% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Carbon Energy was 0.00% per year.


Carbon Energy Gross Margin % Historical Data

The historical data trend for Carbon Energy's Gross Margin % 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.

* Premium members only.

Carbon Energy Gross Margin % Chart

Carbon Energy Annual Data
Trend Mar10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.11 17.35 51.69 46.24 30.21

Carbon Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Gross Margin % Get a 7-Day Free Trial 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 45.07 34.89 18.00 53.08 -131.13

Competitive Comparison of Carbon Energy's Gross Margin %

For the Oil & Gas E&P subindustry, Carbon Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Carbon Energy's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Carbon Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Carbon Energy's Gross Margin % falls into.



Carbon Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Carbon Energy's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=35.2 / 116.625
=(Revenue - Cost of Goods Sold) / Revenue
=(116.625 - 81.394) / 116.625
=30.21 %

Carbon Energy's Gross Margin for the quarter that ended in Jun. 2020 is calculated as


Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=-6.5 / 4.963
=(Revenue - Cost of Goods Sold) / Revenue
=(4.963 - 11.471) / 4.963
=-131.13 %

* 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.


Carbon Energy  (OTCPK:CRBO) Gross Margin % 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

Carbon Energy had a gross margin of -131.13% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Carbon Energy Gross Margin % Related Terms

Thank you for viewing the detailed overview of Carbon Energy's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Carbon Energy (Carbon Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1170, Denver, CO, USA, 80290
Carbon Energy Corp is an independent natural gas and oil company engaged in the acquisition, exploration, development, and production of oil, natural gas and natural gas liquids properties located in the United States. The company operates in Kentucky, Ohio, Tennessee, Virginia, and West Virginia, California, Illinois, and Indiana.
Executives
Patrick R Mcdonald director, officer: CHIEF EXECUTIVE OFFICER CARBON NATURAL GAS COMPANY 1700 BROADWAY, SUITE #1170 DENVER CO 80290
Erich W. Kirsch officer: PFO and PAO 1700 BROADWAY SUITE 1170 DENVER CO 80290
Mark Duane Pierce officer: PRESIDENT 1700 BROADWAY, SUITE 1170 DENVER CO 80290
Kevin D Struzeski officer: CHIEF FINANCIAL OFFICER C/O CARBON ENERGY CORP 1700 BROADWAY STE. 1150 DENVER CO 80290
John A Bailey director 64 PERCH BAY WACCABUC NY 10597
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Peter A Leidel director
Edwin H Morgens director C/O MORGENS WATERFALL VINTIADIS & CO, 600 5TH AVE, NEW YORK NY 10020
David H Kennedy director 23 LAKESIDE AVE DARIEN CT 06820
James H Brandi director PO BOX 321, OKLAHOMA CITY OK 73101
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Xi Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Arbiter Partners Capital Management Llc 10 percent owner 530 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10036
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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