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Pioneer Oil & Gas (Pioneer Oil & Gas) Gross Profit : $5.91 Mil (TTM As of Jun. 2005)


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What is Pioneer Oil & Gas Gross Profit?

Pioneer Oil & Gas's gross profit for the three months ended in Jun. 2005 was $2.51 Mil. Pioneer Oil & Gas's gross profit for the trailing twelve months (TTM) ended in Jun. 2005 was $5.91 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pioneer Oil & Gas's gross profit for the three months ended in Jun. 2005 was $2.51 Mil. Pioneer Oil & Gas's Revenue for the three months ended in Jun. 2005 was $2.74 Mil. Therefore, Pioneer Oil & Gas's Gross Margin % for the quarter that ended in Jun. 2005 was 91.50%.

Pioneer Oil & Gas had a gross margin of 91.50% for the quarter that ended in Jun. 2005 => Durable competitive advantage


Pioneer Oil & Gas Gross Profit Historical Data

The historical data trend for Pioneer 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.

* Premium members only.

Pioneer Oil & Gas Gross Profit Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Gross Profit
0.44 0.67 0.26 1.30 1.24

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.62 0.31 2.46 2.51

Competitive Comparison of Pioneer Oil & Gas's Gross Profit

For the Oil & Gas Integrated subindustry, Pioneer 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.


Pioneer Oil & Gas's Gross Profit Distribution in the Oil & Gas Industry

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

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



Pioneer Oil & Gas Gross Profit Calculation

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

Pioneer Oil & Gas's Gross Profit for the fiscal year that ended in Sep. 2004 is calculated as

Gross Profit (A: Sep. 2004 )=Revenue - Cost of Goods Sold
=1.918 - 0.679
=1.24

Pioneer Oil & Gas's Gross Profit for the quarter that ended in Jun. 2005 is calculated as

Gross Profit (Q: Jun. 2005 )=Revenue - Cost of Goods Sold
=2.741 - 0.233
=2.51

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.91 Mil.

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

Pioneer Oil & Gas's Gross Margin % for the quarter that ended in Jun. 2005 is calculated as

Gross Margin % (Q: Jun. 2005 )=Gross Profit (Q: Jun. 2005 ) / Revenue (Q: Jun. 2005 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.51 / 2.741
=91.50 %

* 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.


Pioneer Oil & Gas  (OTCPK:POGS) 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

Pioneer Oil & Gas had a gross margin of 91.50% for the quarter that ended in Jun. 2005 => Durable competitive advantage


Pioneer Oil & Gas Gross Profit Related Terms

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Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States.
Executives
Don Jared Colton director, 10 percent owner, officer: President 2172 GAMBEL OAK DR, SANDY UT 84092
Gregg B Colton director, 10 percent owner, officer: Vice President and Secretary 1206 W SOUTH JORDON PARKWAY, UNITE B, SOUTH JORDAN UT 84095

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