Magnolia Petroleum (LSE:MAGP) Gross Profit: £-0.29 Mil (TTM As of Dec. 2017)

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What is Magnolia Petroleum Gross Profit?

Magnolia Petroleum LSE:MAGP +50.00% Gross Profit is £-0.29 Mil as of Dec. 2017. The stock has 6 warning signs investors should review.

Magnolia Petroleum's gross profit for the six months ended in Dec. 2017 was £0.08 Mil. Magnolia Petroleum's gross profit for the trailing twelve months (TTM) ended in Dec. 2017 was £-0.29 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Magnolia Petroleum's gross profit for the six months ended in Dec. 2017 was £0.08 Mil. Magnolia Petroleum's Revenue for the six months ended in Dec. 2017 was £0.30 Mil. Therefore, Magnolia Petroleum's Gross Margin % for the quarter that ended in Dec. 2017 was 25.47%.

Magnolia Petroleum had a gross margin of 25.47% for the quarter that ended in Dec. 2017 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Magnolia Petroleum was 72.26%. The lowest was -96.17%. And the median was 40.90%.


Magnolia Petroleum  (LSE:MAGP) 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

Magnolia Petroleum had a gross margin of 25.47% for the quarter that ended in Dec. 2017 => Competition eroding margins


Magnolia Petroleum Gross Profit Related Terms


Magnolia Petroleum Gross Profit Historical Data

* Premium members only.

The historical data trend for Magnolia Petroleum'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.

Magnolia Petroleum Gross Profit Chart

Magnolia Petroleum Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.88 -0.52 -0.47 -0.28

Magnolia Petroleum Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Gross Profit 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 -0.32 0.01 -0.51 -0.36 0.08

LSE:MAGP vs VNRRQ, GBEYF, STSC: Gross Profit Comparison

For the Oil & Gas E&P subindustry, Magnolia Petroleum'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.


Magnolia Petroleum Gross Profit vs Oil & Gas Industry

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

* The bar in red indicates where Magnolia Petroleum's Gross Profit falls into.



Magnolia Petroleum Gross Profit Calculation

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

Magnolia Petroleum's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=0.70152157821744 - 0.98176136974322
=-0.28

Magnolia Petroleum's Gross Profit for the quarter that ended in Dec. 2017 is calculated as

Gross Profit (Q: Dec. 2017 )=Revenue - Cost of Goods Sold
=0.29844262319278 - 0.22242247893457
=0.08

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.29 Mil.

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

Magnolia Petroleum's Gross Margin % for the quarter that ended in Dec. 2017 is calculated as

Gross Margin % (Q: Dec. 2017 )=Gross Profit (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.08 / 0.29844262319278
=25.47 %

* 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 Profit →
What does a Gross Profit of £-0.29 Mil mean?
Magnolia Petroleum (LSE:MAGP) has a Gross Profit of £-0.29 Mil as of Dec. 2017. Gross Profit equals net sales less total cost of goods sold. View historical data on Magnolia Petroleum and its competitors.
Is Magnolia Petroleum's Gross Profit too high?
Magnolia Petroleum's current Gross Profit is £-0.29 Mil.
How does Magnolia Petroleum's Gross Profit compare to VNRRQ and GBEYF?
Magnolia Petroleum's Gross Profit of £-0.29 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 Magnolia Petroleum and its competitors. Magnolia Petroleum's current Gross Profit is £-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Petroleum stock overvalued right now?
Magnolia Petroleum (LSE:MAGP) has a current Gross Profit of £-0.29 Mil. The current Gross Profit is £-0.29 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 Magnolia Petroleum (LSE:MAGP), the current Gross Profit is £-0.29 Mil as of Dec. 2017. 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.

Magnolia Petroleum Business Description

Industry EnergyOil & Gas
Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ
Magnolia Petroleum PLC was a United Kingdom-based oil and gas company focused on the acquisition, development, and production of onshore oil and gas properties in the United States. Its portfolio consisted primarily of non-operated working interests in wells and leases across established producing formations, including the Bakken and Three Forks formations in North Dakota and the Mississippi Lime and Woodford/Hunton formations in Oklahoma. The company generated revenue from the sale of oil, natural gas, and natural gas liquids produced from its interests, which were operated by third-party partners. It also pursued participation in new drilling projects to expand reserves and production. Magnolia was headquartered in the United Kingdom but held essentially all of its assets in the United States. The company was quoted on the AIM market of the London Stock Exchange before its subsequent delisting and wind-down.