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| Date | Value |
|---|---|
| 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% |