Continental Resources Inc (OKLA) Profit margin
What is the Profit margin of Continental Resources Inc (OKLA)?
The Profit margin of Continental Resources Inc (OKLA) is 40.29%
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 NYSE compared to Continental Resources Inc (OKLA)
What does Continental Resources Inc (OKLA) do?
Continental Resources is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance. Based in Oklahoma City, Continental is the largest leaseholder and the largest producer in the nation's premier oil field, the Bakken play of North Dakotaand Montana. The Company also has significant positions in Oklahoma, including its SCOOP Woodford and SCOOP Springer discoveries and the STACK plays. With a focus on the exploration and production of oil, Continental has unlocked the technology and resources vital to American energy independence and its nation's leadership in the new world oil market. In 2021, the Company will celebrate 54 years of operations.
Companies with profit margin similar to Continental Resources Inc (OKLA)
- T. Rowe Price has Profit margin of 40.18%
- Pinnacle Partners has Profit margin of 40.19%
- Inmode Ltd has Profit margin of 40.22%
- Clairvest has Profit margin of 40.23%
- Gullewa has Profit margin of 40.26%
- Raven Property has Profit margin of 40.29%
- Continental Resources Inc (OKLA) has Profit margin of 40.29%
- Great Western Bancorp Inc has Profit margin of 40.29%
- Brompton Split Banc has Profit margin of 40.33%
- King River Resources has Profit margin of 40.33%
- Simon Property has Profit margin of 40.35%
- Automatic Bank Services has Profit margin of 40.36%
- Krungthai Card Public has Profit margin of 40.41%