Harbour Energy (Harbour Energy) Net Margin %

: 2.34% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Harbour Energy's Net Income for the six months ended in Dec. 2023 was $40 Mil. Harbour Energy's Revenue for the six months ended in Dec. 2023 was $1,724 Mil. Therefore, Harbour Energy's net margin for the quarter that ended in Dec. 2023 was 2.34%.

The historical rank and industry rank for Harbour Energy's Net Margin % or its related term are showing as below:

PMOIF' s Net Margin % Range Over the Past 10 Years
Min: -32.25 Med: 0.51 Max: 2.91
Current: 0.86

PMOIF's Net Margin % is ranked worse than
64.17% of 974 companies
in the Oil & Gas industry
Industry Median: 4.205 vs PMOIF: 0.86

Harbour Energy Net Margin % Historical Data

The historical data trend for Harbour Energy's Net 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.

Harbour Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-32.25

2.91

0.15

0.86

Harbour Energy Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %				0.69	37.00	-35.75	-0.42	2.34

Competitive Comparison

For the Oil & Gas E&P subindustry, Harbour Energy's Net Margin %, along with its competitors' market caps and Net 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.

Harbour Energy Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Harbour Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Harbour Energy's Net Margin % falls into.

Harbour Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Harbour Energy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	32	/	3715
	=	0.86 %

Harbour Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	40.4	/	1723.7
	=	2.34 %

Harbour Energy (OTCPK:PMOIF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Harbour Energy Net Margin % Related Terms

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Harbour Energy (Harbour Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Harbour Energy PLC (OTCPK:PMOIF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

HBRIY:USA HBR:UK HBRl:UK PQQ0:Germany

Address

23 Lower Belgrave Street, London, GBR, SW1W ONR

Website

https://www.harbourenergy.com

Harbour Energy PLC is an independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. It has a lower carbon intensity than the average UK oil and gas producer.