Pedevco (PED) Gross Margin (2010 - 2018)

Pedevco (PED) reported Gross Margin of 51.55% for Q1 2018, down 349.0% on a YoY basis from 20.7% in Q1 2017, and down 8.39% quarter-over-quarter from 56.28% in Q4 2017.

Pedevco (PED) Gross Margin (2010 - 2018) Analysis & Trends

Pedevco has reported Gross Margin for 8 years, with the latest figure at 51.55% in Q1 2018.

  • For the quarter ending Q1 2018, Gross Margin fell 349.0% year-over-year to 51.55%; the trailing twelve-month figure through Mar 2018 stood at 54.53% (down 292.0% YoY), and the FY2017 full-year result was 55.29%, down 219.0% from the prior year.
  • Gross Margin for Q1 2018 stood at 51.55%, down from 56.28% in the prior quarter.
  • The five-year high for Gross Margin was 75.74% in Q1 2015, with the low at 45.98% in Q4 2015.
  • Historically, Gross Margin has averaged 57.82% across 4 years, with a median of 56.28% in 2017.
  • Annual changes were most pronounced in 2016 — Gross Margin tumbled 2110 bps — and 2017, when it soared 778 bps.
  • Pedevco's Gross Margin stood at 45.98% in 2015, then advanced by 5 bps to 48.5% in 2016, then climbed by 16 bps to 56.28% in 2017, then dropped by 8 bps to 51.55% in 2018.
  • The last three Gross Margin figures came in at 51.55% (Q1 2018), 56.28% (Q4 2017), and 59.14% (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 85.25%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 60.14%
4 Eog Resources 72.93 Bn 69.08 Bn - -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 93.19%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 99.43%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 54.61%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 88.15%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.87%
10 Pedevco 61.33 Mn 40.10 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2018 51.55%
Dec 31, 2017 56.28%
Sep 30, 2017 59.14%
Jun 30, 2017 51.11%
Mar 31, 2017 55.04%
Dec 31, 2016 48.50%
Sep 30, 2016 57.96%
Jun 30, 2016 65.59%
Mar 31, 2016 54.64%
Dec 31, 2015 45.98%
Sep 30, 2015 62.44%
Jun 30, 2015 67.66%
Mar 31, 2015 75.74%
Sep 30, 2013 38.12%
Mar 31, 2013 55.52%
Dec 31, 2012 35.29%
Sep 30, 2012 29.75%
Jun 30, 2012 47.66%
Dec 31, 2011 279.41%
Sep 30, 2011 31.85%