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Glen Rose Petroleum (Glen Rose Petroleum) Gross Profit : $0.45 Mil (TTM As of Dec. 2011)


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What is Glen Rose Petroleum Gross Profit?

Glen Rose Petroleum's gross profit for the three months ended in Dec. 2011 was $0.17 Mil. Glen Rose Petroleum's gross profit for the trailing twelve months (TTM) ended in Dec. 2011 was $0.45 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Glen Rose Petroleum's gross profit for the three months ended in Dec. 2011 was $0.17 Mil. Glen Rose Petroleum's Revenue for the three months ended in Dec. 2011 was $0.46 Mil. Therefore, Glen Rose Petroleum's Gross Margin % for the quarter that ended in Dec. 2011 was 36.17%.

Glen Rose Petroleum had a gross margin of 36.17% for the quarter that ended in Dec. 2011 => Competition eroding margins


Glen Rose Petroleum Gross Profit Historical Data

The historical data trend for Glen Rose Petroleum's Gross Profit 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.

Glen Rose Petroleum Gross Profit Chart

Glen Rose Petroleum Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.01 0.03 0.01 0.14

Glen Rose Petroleum Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
Gross Profit 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 0.14 0.11 0.09 0.09 0.17

Competitive Comparison of Glen Rose Petroleum's Gross Profit

For the Oil & Gas E&P subindustry, Glen Rose Petroleum's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Glen Rose Petroleum's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Glen Rose Petroleum's Gross Profit distribution charts can be found below:

* The bar in red indicates where Glen Rose Petroleum's Gross Profit falls into.



Glen Rose Petroleum Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Glen Rose Petroleum's Gross Profit for the fiscal year that ended in Mar. 2011 is calculated as

Gross Profit (A: Mar. 2011 )=Revenue - Cost of Goods Sold
=1.103 - 0.968
=0.14

Glen Rose Petroleum's Gross Profit for the quarter that ended in Dec. 2011 is calculated as

Gross Profit (Q: Dec. 2011 )=Revenue - Cost of Goods Sold
=0.459 - 0.293
=0.17

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.45 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Glen Rose Petroleum's Gross Margin % for the quarter that ended in Dec. 2011 is calculated as

Gross Margin % (Q: Dec. 2011 )=Gross Profit (Q: Dec. 2011 ) / Revenue (Q: Dec. 2011 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.17 / 0.459
=36.17 %

* 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.


Glen Rose Petroleum  (GREY:GLRP) Gross Profit 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

Glen Rose Petroleum had a gross margin of 36.17% for the quarter that ended in Dec. 2011 => Competition eroding margins


Glen Rose Petroleum Gross Profit Related Terms

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Glen Rose Petroleum (Glen Rose Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1210 West Clay Road, Suite 5, Houston, TX, USA, 77019
An independent producer of natural gas and crude oil based in Dallas, Texas.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024

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