The historical rank and industry rank for Energy XXI Gulf Coast's Gross Margin % or its related term are showing as below:
EGC's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 28.02 * Ranked among companies with meaningful Gross Margin % only.
Energy XXI Gulf Coast had a gross margin of 44.20% for the quarter that ended in Jun. 2018 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Energy XXI Gulf Coast was 0.00% per year.
Energy XXI Gulf Coast Gross Margin % Historical Data
The historical data trend for Energy XXI Gulf Coast'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.
Competitive Comparison of Energy XXI Gulf Coast's Gross Margin %
For the Oil & Gas E&P subindustry, Energy XXI Gulf Coast'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.
Energy XXI Gulf Coast's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy XXI Gulf Coast's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Energy XXI Gulf Coast's Gross Margin % falls into.
* 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.
Energy XXI Gulf Coast (NAS:EGC) 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
Energy XXI Gulf Coast had a gross margin of 44.20% for the quarter that ended in Jun. 2018 => Durable 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.
Energy XXI Gulf Coast Gross Margin % Related Terms
Thank you for viewing the detailed overview of Energy XXI Gulf Coast's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy XXI Gulf Coast (Energy XXI Gulf Coast) Business Description
Energy XXI Gulf Coast Inc is is engaged in the development, exploitation and acquisition of oil and natural gas properties in conventional oil and gas assets in the U.S. Gulf Coast region, both offshore in the Gulf of Mexico and onshore in Louisiana and Texas.
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