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OQ Exploration and ProductionMUS:OQEP -0.23%37 Gross Margin % is 79.23% as of Dec. 2025, which is 40% above its 10-year median of 56.69. GuruFocus rates MUS:OQEP with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 870 Oil & Gas companies, OQ Exploration and Production ranks better than 84.02% on this metric.
OQ Exploration and Production (MUS:OQEP) 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
OQ Exploration and Production had a gross margin of 79.23% for the quarter that ended in Dec. 2025 => 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.
OQ Exploration and Production Gross Margin % Related Terms
OQ Exploration and Production Gross Margin % Historical Data
* 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.
OQ Exploration and Production Gross Margin % Chart
MUS:OQEP vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, OQ Exploration and Production'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.
OQ Exploration and Production Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, OQ Exploration and Production's Gross Margin % distribution charts can be found below:
* The bar in red indicates where OQ Exploration and Production'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.
OQ Exploration and Production (MUS:OQEP) has a Gross Margin % of 79.23% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on OQ Exploration and Production and its competitors. This is 40% above median its historical median of 56.69. Over the past decade, OQ Exploration and Production's Gross Margin % has ranged from 42.24 to 57.92. According to the industry distribution chart, OQ Exploration and Production ranks #139 out of 870 companies in the Oil & Gas industry, placing it in the top 16%.
Is OQ Exploration and Production's Gross Margin % too high?
OQ Exploration and Production's current Gross Margin % of 79.23% is 40% above median its 10-year median of 56.69. Over the past 10 years, this metric has ranged from a low of 42.24 to a high of 57.92. The Oil & Gas industry median Gross Margin % is 26.12. OQ Exploration and Production's value of 79.23% is 203.4% above this industry median. Based on the distribution chart, OQ Exploration and Production ranks #139 out of 870 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, OQ Exploration and Production has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does OQ Exploration and Production's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, OQ Exploration and Production ranks #139 out of 870 companies for Gross Margin %. This places OQ Exploration and Production in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.12. OQ Exploration and Production's value of 79.23% is 203.4% above this benchmark. Historically, OQ Exploration and Production's own Gross Margin % has ranged from 42.24 to 57.92 over the past decade. While the company's 10-year median is 56.69 vs. the industry median of 26.12, OQ Exploration and Production has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.12, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OQ Exploration and Production's current Gross Margin % of 79.23% is 203.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on OQ Exploration and Production and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OQ Exploration and Production's current Gross Margin % is 79.23%, which is 40% above median its own 10-year median of 56.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Exploration and Production stock overvalued right now?
OQ Exploration and Production (MUS:OQEP) has a current Gross Margin % of 79.23%. The current Gross Margin % is 79.23%, which is 40% above median its 10-year median of 56.69 and 203.4% above the Oil & Gas industry median of 26.12. OQ Exploration and Production's overall GF Score™ is 37/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For OQ Exploration and Production (MUS:OQEP), the current Gross Margin % is 79.23% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
OQ Exploration and Production is engaged in identifying, acquiring, managing, and operating interests in petroleum and other related enterprises. The company reports across two operating segments: blocks operated by OQEP and blocks operated by other entities. The company generates majority of revenue from blocks operated by other entities.
37GF Score
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