The historical rank and industry rank for Matador Resources Co's Gross Margin % or its related term are showing as below:
MTDR'
s Gross Margin % Range Over the Past 10 Years
Min: 2.68 Med: 40.96 Max: 63.08
Current: 46.2
During the past 13 years, the highestGross Margin % of Matador Resources Co was 63.08%. The lowest was 2.68%. And the median was 40.96%.
MTDR's Gross Margin % is ranked better than 70.81% of 925
companies
in the Oil & Gas industry
Industry Median: 27.82
vs MTDR: 46.20
Matador Resources Co had a gross margin of 44.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Matador Resources Co was 8.70% per year.
Matador Resources Co Gross Margin % Historical Data
The historical data trend for Matador Resources Co'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.
Competitive Comparison of Matador Resources Co's Gross Margin %
For the Oil & Gas E&P subindustry, Matador Resources Co'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.
Matador Resources Co's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Matador Resources Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Matador Resources Co's Gross Margin % falls into.
* 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.
Matador Resources Co (NYSE:MTDR) 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
Matador Resources Co had a gross margin of 44.25% for the quarter that ended in Mar. 2024 => Durable 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.
Matador Resources Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Matador Resources Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Matador Resources Co (Matador Resources Co) Business Description
Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business. The company often uses advanced formation evaluation, 3-D seismic technology, horizontal drilling, and hydraulic fracturing technology to enhance the development of the basins in which it operates.
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