Hillcrest Petroleum Profit margin
What is the Profit margin of Hillcrest Petroleum?
The Profit margin of Hillcrest Petroleum Ltd. is -2,778.95%
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 TSXV compared to Hillcrest Petroleum
What does Hillcrest Petroleum do?
Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It has an option to acquire 75% working interest in West Hazel field, a petroleum asset located in the Western Canadian Sedimentary Basin, Saskatchewan. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.
Companies with profit margin similar to Hillcrest Petroleum
- Imricor Medical Systems has Profit margin of -2,834.05%
- Humanigen has Profit margin of -2,813.44%
- Humanigen has Profit margin of -2,813.44%
- Ascentage Pharma Grp Intl has Profit margin of -2,803.38%
- Petro Welt Technologies AG has Profit margin of -2,797.62%
- Canopy Rivers has Profit margin of -2,781.17%
- Hillcrest Petroleum has Profit margin of -2,778.95%
- BH Macro has Profit margin of -2,767.41%
- Dampier Gold has Profit margin of -2,763.16%
- Vistagen Therapeutics has Profit margin of -2,759.59%
- Nemaura Medical has Profit margin of -2,755.83%
- Cyclerion Therapeutics has Profit margin of -2,712.49%
- ThinkSmart has Profit margin of -2,706.56%