Lundin Ab Spon Adr Each Profit margin
What is the Profit margin of Lundin Ab Spon Adr Each?
The Profit margin of Lundin Energy Ab Spon Adr Each is -28.17%
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 OTC compared to Lundin Ab Spon Adr Each
What does Lundin Ab Spon Adr Each do?
Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.
Companies with profit margin similar to Lundin Ab Spon Adr Each
- Rackspace Technology has Profit margin of -28.33%
- Nuvei has Profit margin of -28.32%
- TOM has Profit margin of -28.23%
- Maui Land & Pineapple Co has Profit margin of -28.22%
- Chesswood has Profit margin of -28.21%
- U.S. Well Services has Profit margin of -28.19%
- Lundin Ab Spon Adr Each has Profit margin of -28.17%
- STI India has Profit margin of -28.16%
- Australian Agricultural has Profit margin of -28.15%
- Gyscoal Alloys has Profit margin of -28.10%
- Physiomics Plc has Profit margin of -28.10%
- VISA Steel has Profit margin of -28.08%
- iCollege has Profit margin of -28.04%