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Harvest Natural Resources (Harvest Natural Resources) Gross Margin % : 0.00% (As of Dec. 2016)


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What is Harvest Natural Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Harvest Natural Resources's Gross Profit for the three months ended in Dec. 2016 was $0.00 Mil. Harvest Natural Resources's Revenue for the three months ended in Dec. 2016 was $0.00 Mil. Therefore, Harvest Natural Resources's Gross Margin % for the quarter that ended in Dec. 2016 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Harvest Natural Resources's Gross Margin % or its related term are showing as below:


HNR's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.82
* Ranked among companies with meaningful Gross Margin % only.

Harvest Natural Resources had a gross margin of N/A% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Harvest Natural Resources was 0.00% per year.


Harvest Natural Resources Gross Margin % Historical Data

The historical data trend for Harvest Natural Resources's Gross Margin % 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.

Harvest Natural Resources Gross Margin % Chart

Harvest Natural Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
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Harvest Natural Resources Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Harvest Natural Resources's Gross Margin %

For the Oil & Gas E&P subindustry, Harvest Natural Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Harvest Natural Resources's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Harvest Natural Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harvest Natural Resources's Gross Margin % falls into.



Harvest Natural Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Harvest Natural Resources's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Harvest Natural Resources's Gross Margin for the quarter that ended in Dec. 2016 is calculated as


Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Harvest Natural Resources  (NYSE:HNR) Gross Margin % 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

Harvest Natural Resources had a gross margin of N/A% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Harvest Natural Resources Gross Margin % Related Terms

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Harvest Natural Resources (Harvest Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
Harvest Natural Resources Inc is an independent energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties. The Company's also acquires, explores, develops and produces properties in geological basins with active hydrocarbon systems. The Company hold exploration and exploitation acreage offshore of the Republic of Gabon through the Dussafu Marin Permit.
Executives
Patrick M Murray director 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Caisse De Depot Et Placement Du Quebec 10 percent owner 1000 PLACE JEAN-PAUL RIOPELLE, MONTREAL A8 H2Z2B3
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Byron A Dunn officer: Senior Vice President C/O HARVEST NATURAL RESOURCES, INC., 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Peter J Hill other: Retired CEO & Director 1150 DIMOCK LANE, NAPLES FL 34110

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