WTXR (West Texas Resources) Gross Margin %: 0.00% (As of Sep. 2023)


What is West Texas Resources Gross Margin %?

West Texas Resources WTXR +6.11% Gross Margin % is 0.00% as of Sep. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. West Texas Resources's Gross Profit for the three months ended in Sep. 2023 was $-0.00 Mil. West Texas Resources's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, West Texas Resources's Gross Margin % for the quarter that ended in Sep. 2023 was 0.00%.


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


WTXR's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 25.535
* Ranked among companies with meaningful Gross Margin % only.

West Texas Resources had a gross margin of % for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for West Texas Resources was 0.00% per year.

West Texas Resources  (OTCPK:WTXR) 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

West Texas Resources had a gross margin of % for the quarter that ended in Sep. 2023 => 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.

West Texas Resources Gross Margin % Related Terms

West Texas Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for West Texas 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.

West Texas Resources Gross Margin % Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Gross Margin %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 Sep23
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 -66.67 -80.00 -200.00 0.00 0.00

WTXR vs GSPE, FECOF, VBHI: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, West Texas 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.

West Texas Resources Gross Margin % vs Oil & Gas Industry

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

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


West Texas Resources Gross Margin % Calculation

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

West Texas Resources's Gross Margin for the fiscal year that ended in Sep. 2016 is calculated as

Gross Margin % (A: Sep. 2016 )=Gross Profit (A: Sep. 2016 ) / Revenue (A: Sep. 2016 )
=0 / 0.001
=(Revenue - Cost of Goods Sold) / Revenue
=(0.001 - 0) / 0.001
=N/A %

West Texas Resources's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.001) / 0
= %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
West Texas Resources (WTXR) has a Gross Margin % of 0.00% as of Sep. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on West Texas Resources and its competitors.
Is West Texas Resources' Gross Margin % too high?
West Texas Resources' current Gross Margin % is 0.00%.
How does West Texas Resources' Gross Margin % compare to GSPE and FECOF?
West Texas Resources' Gross Margin % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.54. 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 25.54, based on 872 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. 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 West Texas Resources and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Texas Resources's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Texas Resources stock overvalued right now?
West Texas Resources (WTXR) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 West Texas Resources (WTXR), the current Gross Margin % is 0.00% as of Sep. 2023. 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.

West Texas Resources Business Description

Industry EnergyOil & Gas
Address 2628 TX 36 South, Suite 307, Brenham, TX, USA, 77833
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The company generates income from leased interests in oil properties in North America.