Premier Oil Plc Profit margin
What is the Profit margin of Premier Oil Plc?
The Profit margin of Premier Oil Plc is 0.85%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Energy sector on LSE compared to Premier Oil Plc
What does Premier Oil Plc do?
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
Companies with profit margin similar to Premier Oil Plc
- Polaris Infrastructure has Profit margin of 0.84%
- Ukrproduct has Profit margin of 0.84%
- Kothari Products has Profit margin of 0.84%
- Tiptree Inc has Profit margin of 0.85%
- Colabor has Profit margin of 0.85%
- Chatham Lodging Trust has Profit margin of 0.85%
- Premier Oil Plc has Profit margin of 0.85%
- ASTM S.p.A has Profit margin of 0.85%
- Sportscene has Profit margin of 0.85%
- Gati has Profit margin of 0.86%
- Gati has Profit margin of 0.86%
- Bri-Chem has Profit margin of 0.86%
- PEDEVCO Corp has Profit margin of 0.86%