IXOG (Index Oil & Gas) Gross Profit: $2.25 Mil (TTM As of Mar. 2009)

What is Index Oil & Gas Gross Profit?

Index Oil & Gas IXOG -99.86% Gross Profit is $2.25 Mil as of Mar. 2009.

Index Oil & Gas's gross profit for the three months ended in Mar. 2009 was $0.19 Mil. Index Oil & Gas's gross profit for the trailing twelve months (TTM) ended in Mar. 2009 was $2.25 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Index Oil & Gas's gross profit for the three months ended in Mar. 2009 was $0.19 Mil. Index Oil & Gas's Revenue for the three months ended in Mar. 2009 was $0.26 Mil. Therefore, Index Oil & Gas's Gross Margin % for the quarter that ended in Mar. 2009 was 71.65%.

Index Oil & Gas had a gross margin of 71.65% for the quarter that ended in Mar. 2009 => Durable competitive advantage

Index Oil & Gas (OTCPK:IXOG) 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

Index Oil & Gas had a gross margin of 71.65% for the quarter that ended in Mar. 2009 => Durable competitive advantage

Index Oil & Gas Gross Profit Related Terms

Index Oil & Gas Gross Profit Historical Data

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The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Gross Profit Chart

Index Oil & Gas Annual Data

Trend

Dec04

Dec05

Mar06

Mar07

Mar08

Mar09

Gross Profit

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0.07

0.15

0.34

1.40

2.13

Index Oil & Gas Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09
Gross Profit	Get a 7-Day Free Trial													1.07	1.24	0.59	0.24	0.19

IXOG vs FPPP, UNGS, GBEYF: Gross Profit Comparison

For the Oil & Gas E&P subindustry, Index Oil & Gas'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.

Index Oil & Gas Gross Profit vs Oil & Gas Industry

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

* The bar in red indicates where Index Oil & Gas's Gross Profit falls into.

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Index Oil & Gas Gross Profit Calculation

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

Index Oil & Gas's Gross Profit for the fiscal year that ended in Mar. 2009 is calculated as

Gross Profit (A: Mar. 2009 )	=	Revenue	-	Cost of Goods Sold
	=	2.829	-	0.704
	=	2.13

Index Oil & Gas's Gross Profit for the quarter that ended in Mar. 2009 is calculated as

Gross Profit (Q: Mar. 2009 )	=	Revenue	-	Cost of Goods Sold
	=	0.261	-	0.074
	=	0.19

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.25 Mil.

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

Index Oil & Gas's Gross Margin % for the quarter that ended in Mar. 2009 is calculated as

Gross Margin % (Q: Mar. 2009 )	=	Gross Profit (Q: Mar. 2009 )	/	Revenue (Q: Mar. 2009 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.19	/	0.261
	=	71.65 %

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 Profit →

What does a Gross Profit of $2.25 Mil mean?

Index Oil & Gas (IXOG) has a Gross Profit of $2.25 Mil as of Mar. 2009. Gross Profit equals net sales less total cost of goods sold. View historical data on Index Oil & Gas and its competitors.

Is Index Oil & Gas' Gross Profit too high?

Index Oil & Gas' current Gross Profit is $2.25 Mil.

How does Index Oil & Gas' Gross Profit compare to FPPP and UNGS?

Index Oil & Gas' Gross Profit of $2.25 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Gross Profit for an Oil & Gas company?

A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit 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 Profit mean?

A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Index Oil & Gas and its competitors. Index Oil & Gas's current Gross Profit is $2.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Index Oil & Gas stock overvalued right now?

Index Oil & Gas (IXOG) has a current Gross Profit of $2.25 Mil. The current Gross Profit is $2.25 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Gross Profit calculated?

Gross Profit is calculated from a company's financial statements. For Index Oil & Gas (IXOG), the current Gross Profit is $2.25 Mil as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:PTP.H XCNQ:EI TSXV:CEN TSXV:TPC FPPP TSXV:WTR TSXV:STMP UNGS TSXV:PPE.H TSXV:CA.H TSXV:MMO.H TSXV:ROC.H TSXV:GX GBEYF SPOWF TSXV:CE.H TSXV:KLE.H TSXV:TZR TSXV:TIP.H TSXV:CTI.H

Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024

Website http://www.indexoil.com

Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.