GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BreitBurn Energy Partners LP (FRA:7BB) » Definitions » Gross Margin %

BreitBurn Energy Partners LP (FRA:7BB) Gross Margin % : 33.42% (As of Sep. 2017)


View and export this data going back to 2013. Start your Free Trial

What is BreitBurn Energy Partners LP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BreitBurn Energy Partners LP's Gross Profit for the three months ended in Sep. 2017 was €38.6 Mil. BreitBurn Energy Partners LP's Revenue for the three months ended in Sep. 2017 was €115.5 Mil. Therefore, BreitBurn Energy Partners LP's Gross Margin % for the quarter that ended in Sep. 2017 was 33.42%.

Warning Sign:

BreitBurn Energy Partners LP gross margin has been in long term decline. The average rate of decline per year is -12.9%.


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

FRA:7BB' s Gross Margin % Range Over the Past 10 Years
Min: 22.4   Med: 59.42   Max: 79.81
Current: 34.32


During the past 13 years, the highest Gross Margin % of BreitBurn Energy Partners LP was 79.81%. The lowest was 22.40%. And the median was 59.42%.

FRA:7BB's Gross Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 27.87 vs FRA:7BB: 34.32

BreitBurn Energy Partners LP had a gross margin of 33.42% for the quarter that ended in Sep. 2017 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BreitBurn Energy Partners LP was -12.90% per year.


BreitBurn Energy Partners LP Gross Margin % Historical Data

The historical data trend for BreitBurn Energy Partners LP'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.

BreitBurn Energy Partners LP Gross Margin % Chart

BreitBurn Energy Partners LP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.72 58.59 75.13 58.94 22.40

BreitBurn Energy Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 32.52 35.81 34.23 33.58 33.42

Competitive Comparison of BreitBurn Energy Partners LP's Gross Margin %

For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP'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.


BreitBurn Energy Partners LP's Gross Margin % Distribution in the Oil & Gas Industry

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

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



BreitBurn Energy Partners LP Gross Margin % Calculation

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

BreitBurn Energy Partners LP's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=99.6 / 444.617
=(Revenue - Cost of Goods Sold) / Revenue
=(444.617 - 345.002) / 444.617
=22.40 %

BreitBurn Energy Partners LP's Gross Margin for the quarter that ended in Sep. 2017 is calculated as


Gross Margin % (Q: Sep. 2017 )=Gross Profit (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=38.6 / 115.547
=(Revenue - Cost of Goods Sold) / Revenue
=(115.547 - 76.933) / 115.547
=33.42 %

* 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.


BreitBurn Energy Partners LP  (FRA:7BB) 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

BreitBurn Energy Partners LP had a gross margin of 33.42% for the quarter that ended in Sep. 2017 => Competition eroding margins


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.


BreitBurn Energy Partners LP Gross Margin % Related Terms

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


BreitBurn Energy Partners LP (FRA:7BB) Business Description

Traded in Other Exchanges
N/A
Address
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.

BreitBurn Energy Partners LP (FRA:7BB) Headlines

No Headlines