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Tallgrass Energy (FRA:TGV) Gross Profit : €4.01 Mil (TTM As of Dec. 2012)


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What is Tallgrass Energy Gross Profit?

Tallgrass Energy's gross profit for the six months ended in Dec. 2012 was €4.01 Mil. Tallgrass Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2012 was €4.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tallgrass Energy's gross profit for the six months ended in Dec. 2012 was €4.01 Mil. Tallgrass Energy's Revenue for the six months ended in Dec. 2012 was €4.85 Mil. Therefore, Tallgrass Energy's Gross Margin % for the quarter that ended in Dec. 2012 was 82.76%.

Tallgrass Energy had a gross margin of 82.76% for the quarter that ended in Dec. 2012 => Durable competitive advantage


Tallgrass Energy Gross Profit Historical Data

The historical data trend for Tallgrass Energy's Gross Profit 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.

Tallgrass Energy Gross Profit Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Gross Profit
Get a 7-Day Free Trial Premium Member Only 0.06 0.15 -2.39 2.41 4.01

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Gross Profit Get a 7-Day Free Trial Premium Member Only 0.06 0.15 -2.39 2.41 4.01

Competitive Comparison of Tallgrass Energy's Gross Profit

For the Oil & Gas E&P subindustry, Tallgrass Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Tallgrass Energy's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy's Gross Profit falls into.



Tallgrass Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Tallgrass Energy's Gross Profit for the fiscal year that ended in Dec. 2012 is calculated as

Gross Profit (A: Dec. 2012 )=Revenue - Cost of Goods Sold
=4.848 - 0.836
=4.01

Tallgrass Energy's Gross Profit for the quarter that ended in Dec. 2012 is calculated as

Gross Profit (Q: Dec. 2012 )=Revenue - Cost of Goods Sold
=4.848 - 0.836
=4.01

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2012 was €4.01 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Tallgrass Energy's Gross Margin % for the quarter that ended in Dec. 2012 is calculated as

Gross Margin % (Q: Dec. 2012 )=Gross Profit (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.01 / 4.848
=82.76 %

* 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.


Tallgrass Energy  (FRA:TGV) Gross Profit 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

Tallgrass Energy had a gross margin of 82.76% for the quarter that ended in Dec. 2012 => Durable competitive advantage


Tallgrass Energy Gross Profit Related Terms

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Tallgrass Energy (FRA:TGV) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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