Quicksilver Resources (FRA:QSR) Gross Margin % : 33.21% (As of Sep. 2015)

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What is Quicksilver Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Quicksilver Resources's Gross Profit for the three months ended in Sep. 2015 was €17.5 Mil. Quicksilver Resources's Revenue for the three months ended in Sep. 2015 was €52.6 Mil. Therefore, Quicksilver Resources's Gross Margin % for the quarter that ended in Sep. 2015 was 33.21%.

Warning Sign:

Quicksilver Resources Inc gross margin has been in long term decline. The average rate of decline per year is -10.7%.

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

FRA:QSR' s Gross Margin % Range Over the Past 10 Years
Min: 44.31 Med: 70.39 Max: 80.47
Current: 47.8

During the past 13 years, the highest Gross Margin % of Quicksilver Resources was 80.47%. The lowest was 44.31%. And the median was 70.39%.

FRA:QSR's Gross Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 28.055 vs FRA:QSR: 47.80

Quicksilver Resources had a gross margin of 33.21% for the quarter that ended in Sep. 2015 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Quicksilver Resources was -10.70% per year.

Quicksilver Resources Gross Margin % Historical Data

The historical data trend for Quicksilver Resources'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.

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Quicksilver Resources Gross Margin % Chart

Quicksilver Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Gross Margin %

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70.02

59.85

50.77

44.31

47.14

Quicksilver Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Gross Margin %	Get a 7-Day Free Trial															55.57	60.24	44.42	28.49	33.21

Competitive Comparison of Quicksilver Resources's Gross Margin %

For the Oil & Gas E&P subindustry, Quicksilver Resources'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.

Quicksilver Resources's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Quicksilver Resources's Gross Margin % falls into.

Quicksilver Resources Gross Margin % Calculation

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

Quicksilver Resources's Gross Margin for the fiscal year that ended in Dec. 2014 is calculated as

Gross Margin % (A: Dec. 2014 )	=	Gross Profit (A: Dec. 2014 )	/	Revenue (A: Dec. 2014 )
	=	217.7	/	461.806
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(461.806 - 244.093)	/	461.806
	=	47.14 %

Quicksilver Resources's Gross Margin for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )	=	Gross Profit (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	17.5	/	52.557
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(52.557 - 35.102)	/	52.557
	=	33.21 %

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.

Quicksilver Resources (FRA:QSR) 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

Quicksilver Resources had a gross margin of 33.21% for the quarter that ended in Sep. 2015 => 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.

Quicksilver Resources Gross Margin % Related Terms

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Quicksilver Resources (FRA:QSR) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.qrinc.com

Quicksilver Resources Inc was organized as a Delaware corporation in 1997 and became a public company in 1999. It is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas. The Company focuses on unconventional reservoirs where hydrocarbons may be found in challenging geological conditions, such as fractured shales and coalbeds. Its producing oil and natural gas properties in the United States are principally located in Texas and in Canada in Alberta and British Columbia. Its three core development areas include: Barnett Shale; Horn River; and Horseshoe Canyon. Additionally, It has an oil exploration opportunity in the Delaware basin in western Texas. The Company competes for acquisitions of prospective oil and natural gas properties and oil and gas reserves. Its oil and natural gas operations are focused onshore in North America, in basins containing unconventional reservoirs with predictable, long-lived production. Its current production and development operations are concentrated in its three core areas: the Barnett Shale, Horn River and Horseshoe Canyon. The Company compete for acquisitions of prospective oil and natural gas properties and oil and natural gas reserves. It also compete for drilling rigs and equipment used to drill for and produce oil and natural gas. The Company is subject to a number of federal, state, provincial and local laws and regulations, whose purpose is to protect the health and safety of workers, both generally and within Its industry.