Us Energy (USEG) Gross Margin (2010 - 2023)
Us Energy's (USEG) quarterly Gross Margin came in at 51.4% in Q2 2023, down 1413.0% year-on-year from 3.91% in Q2 2022, and up 13.42% quarter-over-quarter from 45.32% in Q1 2023.
Us Energy (USEG) Gross Margin (2010 - 2023) Analysis & Trends
Us Energy has disclosed Gross Margin across 13 years of filings, most recently posting 51.4% for Q2 2023.
- Gross Margin for Q2 2023 came in at 51.4%, down 1413.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 52.51% (down 1399.0% YoY), and the FY2022 annual result was 61.3%, down 233.0% from the prior year.
- Gross Margin came in at 51.4% for Q2 2023 at Us Energy, up from 45.32% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 93.72% in Q1 2019 to a low of 27.68% in Q3 2020.
- The 5-year median for Gross Margin is 66.34% (2021), against an average of 67.82%.
- Across the five-year window, Gross Margin sank 6577 bps in 2020 and jumped 3947 bps in 2021, its largest moves.
- Us Energy's Gross Margin stood at 92.97% in 2019, then slumped by 59 bps to 38.43% in 2020, then surged by 58 bps to 60.64% in 2021, then fell by 7 bps to 56.66% in 2022, then declined by 9 bps to 51.4% in 2023.
- The last three Gross Margin figures came in at 51.4% (Q2 2023), 45.32% (Q1 2023), and 56.66% (Q4 2022), 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 | Us Energy | 39.48 Mn | 28.86 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 51.40% |
| Mar 31, 2023 | 45.32% |
| Dec 31, 2022 | 56.66% |
| Sep 30, 2022 | 54.66% |
| Jun 30, 2022 | 65.53% |
| Mar 31, 2022 | 69.17% |
| Dec 31, 2021 | 60.64% |
| Sep 30, 2021 | 67.15% |
| Jun 30, 2021 | 71.20% |
| Mar 31, 2021 | 53.10% |
| Dec 31, 2020 | 38.43% |
| Sep 30, 2020 | 27.68% |
| Jun 30, 2020 | 93.12% |
| Mar 31, 2020 | 92.85% |
| Dec 31, 2019 | 92.97% |
| Sep 30, 2019 | 93.45% |
| Jun 30, 2019 | 93.70% |
| Mar 31, 2019 | 93.72% |
| Dec 31, 2018 | 93.61% |
| Sep 30, 2018 | 92.14% |