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Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Operating Margin % : -32.41% (As of Jun. 2019)


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What is Vanguard Natural Resources LLC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Vanguard Natural Resources LLC's Operating Income for the three months ended in Jun. 2019 was $-22.99 Mil. Vanguard Natural Resources LLC's Revenue for the three months ended in Jun. 2019 was $70.92 Mil. Therefore, Vanguard Natural Resources LLC's Operating Margin % for the quarter that ended in Jun. 2019 was -32.41%.

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

VNGBQ.PFD' s Operating Margin % Range Over the Past 10 Years
Min: -15.96   Med: 23.43   Max: 42.62
Current: 4.26


VNGBQ.PFD's Operating Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 7.96 vs VNGBQ.PFD: 4.26

Vanguard Natural Resources LLC's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Vanguard Natural Resources LLC's Operating Income for the three months ended in Jun. 2019 was $-22.99 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2019 was $17.41 Mil.


Vanguard Natural Resources LLC Operating Margin % Historical Data

The historical data trend for Vanguard Natural Resources LLC's Operating 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.

Vanguard Natural Resources LLC Operating Margin % Chart

Vanguard Natural Resources LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.62 13.63 -15.96 - 10.09

Vanguard Natural Resources LLC Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Operating Margin % 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 -57.80 -18.35 50.17 -96.09 -32.41

Competitive Comparison of Vanguard Natural Resources LLC's Operating Margin %

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


Vanguard Natural Resources LLC's Operating Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vanguard Natural Resources LLC's Operating Margin % falls into.



Vanguard Natural Resources LLC Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Vanguard Natural Resources LLC's Operating Margin % for the fiscal year that ended in Dec. 2018 is calculated as

Operating Margin %=Operating Income (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=46.437 / 460.287
=10.09 %

Vanguard Natural Resources LLC's Operating Margin % for the quarter that ended in Jun. 2019 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=-22.988 / 70.921
=-32.41 %

* 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.


Vanguard Natural Resources LLC  (OTCPK:VNGBQ.PFD) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Vanguard Natural Resources LLC Operating Margin % Related Terms

Thank you for viewing the detailed overview of Vanguard Natural Resources LLC's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Business Description

Traded in Other Exchanges
N/A
Address
5847 San Felipe, Suite 3000, Houston, TX, USA, 77057
Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.
Executives
Andrew Eliot Schultz director W6316 DESIGN DRIVE, GREENVILLE WI 54942
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Louis Spencer Wells director 2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Jr Joseph Hurliman director 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Maria Patricia Avila-eady officer: Chief Accounting Officer 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Jonathan Charles Curth officer: GC, Corp Secretary & VP-Land 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
W Greg Dunlevy director C.O KOSMOS ENERGY, LLC, 8176 PARK LANE, STE. 500, DALLAS TX 75231
Randall M Albert director 5 PENN CENTER WEST, SUITE 401, PITTSBURGH PA 15276
Joseph Michael Citarrella director 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mark Steven Carnes officer: VP,Acquisitions & Divestitures 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Lisa A Godfrey officer: VP, HR & Investor Relations 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Michael V Alexander director 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Graham Aled Morris director 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mdra Gp Lp other: See Remarks C/O MONARCH ALTERNATIVE CAPITAL LP, 535 MADISON AVENUE, NEW YORK NY 10022
Monarch Alternative Capital Lp other: See Remarks 535 MADISON AVENUE, NEW YORK NY 10022

Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Headlines