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International Petroleum (STU:IPT) Gross Profit : €190.5 Mil (TTM As of Sep. 2024)


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What is International Petroleum Gross Profit?

International Petroleum's gross profit for the three months ended in Sep. 2024 was €35.6 Mil. International Petroleum's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €190.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Petroleum's gross profit for the three months ended in Sep. 2024 was €35.6 Mil. International Petroleum's Revenue for the three months ended in Sep. 2024 was €182.0 Mil. Therefore, International Petroleum's Gross Margin % for the quarter that ended in Sep. 2024 was 19.56%.

International Petroleum had a gross margin of 19.56% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of International Petroleum was 61.68%. The lowest was -99.97%. And the median was 26.19%.


International Petroleum Gross Profit Historical Data

The historical data trend for International 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.

* Premium members only.

International Petroleum Gross Profit Chart

International Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.61 -69.04 186.13 487.77 229.72

International Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 87.54 36.64 50.77 67.55 35.59

Competitive Comparison of International Petroleum's Gross Profit

For the Oil & Gas E&P subindustry, International 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.


International Petroleum's Gross Profit Distribution in the Oil & Gas Industry

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

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



International Petroleum Gross Profit Calculation

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

International Petroleum's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=880.506 - 650.785
=229.7

International Petroleum's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=181.973 - 146.379
=35.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €190.5 Mil.

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

International Petroleum's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=35.6 / 181.973
=19.56 %

* 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.


International Petroleum  (STU:IPT) 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

International Petroleum had a gross margin of 19.56% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


International Petroleum Gross Profit Related Terms

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International Petroleum Business Description

Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.

International Petroleum Headlines

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