The historical rank and industry rank for Empire Petroleum's Pretax Margin % or its related term are showing as below:
EP'
s Pretax Margin % Range Over the Past 10 Years
Min: -288.92 Med: -90.76 Max: 13.69
Current: -38.3
EP's Pretax Margin % is ranked worse than 84.81% of 948
companies
in the Oil & Gas industry
Industry Median: 5.435
vs EP: -38.30
Empire Petroleum Pretax Margin % Historical Data
The historical data trend for Empire Petroleum's Pretax 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 Empire Petroleum's Pretax Margin %
For the Oil & Gas E&P subindustry, Empire Petroleum's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Empire Petroleum's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Empire Petroleum's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Empire Petroleum's Pretax Margin % falls into.
Empire Petroleum Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Empire Petroleum's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Empire Petroleum Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Empire Petroleum's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.
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