Vietnam National Petroleum Group
VN:PLX
Operating Margin
Vietnam National Petroleum Group
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| VN |
V
|
Vietnam National Petroleum Group
VN:PLX
|
50.6T VND |
1%
|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
138.6B CAD |
18%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
73.8B USD |
12%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
72.2B USD |
32%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
64B USD |
11%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
63B USD |
29%
|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
57.4B USD |
23%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
55B USD |
44%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
50.7B USD |
39%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
71.5B CAD |
42%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
43.1B USD |
16%
|
Vietnam National Petroleum Group
Glance View
In the bustling landscape of Vietnam's rapidly evolving economy, the Vietnam National Petroleum Group, commonly known as Petrolimex, stands as a formidable force in the energy sector. Established in 1956, Petrolimex has grown into the country’s largest distributor and retailer of petroleum products, with a network that stretches across urban centers and rural districts alike. At the heart of its operations lies a vertically integrated model that spans from importation and storage to wholesale and retail distribution. This comprehensive value chain allows Petrolimex to maintain control over its cost structures, ensuring competitive pricing and consistent supply across its vast network of service stations. The company's strategic focus on operational efficiency and expansive reach has been instrumental in maintaining its market leadership. Beyond traditional fuel sales, Petrolimex diversifies its revenue streams through various business segments including the sale of lubricants, chemicals, and gas. The company has also expanded into non-petroleum ventures such as insurance and banking, capitalizing on opportunities within Vietnam's booming economy. The firm's ability to adapt and innovate is complemented by its commitment to corporate social responsibility and sustainable development, reflecting a blend of traditional values and modern entrepreneurship. This strategic diversification not only buffers the company against the volatility of fuel markets but also positions it for sustained growth as Vietnam continues its path towards industrialization and increased energy consumption. As such, Petrolimex emerges as not merely a supplier of fuel, but as a pivotal component in the country's economic engine, fuelling both vehicles and ambitions alike.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Vietnam National Petroleum Group's most recent financial statements, the company has Operating Margin of 0.8%.
You don't have any saved screeners yet