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Tullow Oil (Tullow Oil) Gross-Profit-to-Asset % : 17.90% (As of Dec. 2023)


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What is Tullow Oil Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tullow Oil's annualized Gross Profit for the quarter that ended in Dec. 2023 was $827 Mil. Tullow Oil's average Total Assets over the quarter that ended in Dec. 2023 was $4,621 Mil. Therefore, Tullow Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 17.90%.


Tullow Oil Gross-Profit-to-Asset % Historical Data

The historical data trend for Tullow Oil's Gross-Profit-to-Asset % 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.

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Tullow Oil Gross-Profit-to-Asset % Chart

Tullow Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 5.42 10.69 20.52 16.11

Tullow Oil Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % 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 11.00 22.13 16.53 14.30 17.90

Competitive Comparison of Tullow Oil's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Tullow Oil's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Tullow Oil's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tullow Oil's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tullow Oil's Gross-Profit-to-Asset % falls into.



Tullow Oil Gross-Profit-to-Asset % Calculation

Tullow Oil's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=764.9/( (5039.6+4458.6)/ 2 )
=764.9/4749.1
=16.11 %

Tullow Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=827.2/( (4783.9+4458.6)/ 2 )
=827.2/4621.25
=17.90 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Tullow Oil Gross-Profit-to-Asset % Related Terms

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Tullow Oil (Tullow Oil) Business Description

Industry
Address
566 Chiswick High Road, Building 9 Chiswick Park, London, GBR, W4 5XT
Tullow Oil PLC is an independent oil and gas exploration and production company. The company conducts exploration, appraisal, and development activities in African and Atlantic regions. The majority of revenue is derived from West African assets, with a focus in offshore fields. Assets used in oil and gas production are acquired through licenses. Tullow depends on seismic and geophysical data to assess potential oil in its fields. The Group's reportable segment are Ghana, Non-operated, Kenya and Exploration. Traditionally, the company has paid the host government several taxes as well as land rentals, training, and ongoing license costs to operate in its primary regions.

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