Tethys Oil AB
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Gross Margin
Tethys Oil AB
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | SE |
Market Cap | 1.9B SEK |
Gross Margin |
58%
|
Country | MY |
Market Cap | 53.2m MYR |
Gross Margin |
92%
|
Country | US |
Market Cap | 123B USD |
Gross Margin |
47%
|
Country | CN |
Market Cap | 778.3B CNY |
Gross Margin |
48%
|
Country | US |
Market Cap | 67B USD |
Gross Margin |
62%
|
Country | CA |
Market Cap | 89.7B CAD |
Gross Margin |
50%
|
Country | US |
Market Cap | 46B USD |
Gross Margin |
51%
|
Country | US |
Market Cap | 45.2B USD |
Gross Margin |
72%
|
Country | US |
Market Cap | 39.5B USD |
Gross Margin |
76%
|
Country | AU |
Market Cap | 45.4B AUD |
Gross Margin |
45%
|
Country | US |
Market Cap | 25.8B EUR |
Gross Margin |
92%
|
Tethys Oil AB
Glance View
Tethys Oil AB engages in the exploration and production of oil and natural gas. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2004-04-06. The firm is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the Company holds licence interests in three onshore blocks. Tethys Oil has licences in three countries altogether: Oman, Lithuania and France. Two of the licenses are in production, namely Blocks 3 & 4 in Oman and Gargzdai in Lithuania. During 2013 the Company also had licenses in Sweden, however, they have expired and were not renewed. As of December 31, 2013, the Company had 10 wholly owned subsidiaries active in Sweden, Gibraltar, Switzerland and the British Virgin Islands, such as Tethys Oil Denmark AB, Tethys Oil Spain AB and Tethys Oil Turkey AB, among others.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Tethys Oil AB's most recent financial statements, the company has Gross Margin of 58.2%.