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
DateValue
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%