Large-cap Oil & Gas Transportation and Processing company Cheniere Energy is down -4.8% during this afternoon's trading session, while the S&P 500 moved -1.8%. With last year's reported gross margins at -4.2%, you might be wondering if today's drop is an opportunity to pick up shares of a profitable company at a discount.
|Date Reported||Revenue ($)||Cost of Revenue ($)||Gross Margins (%)||YoY Growth (%)|
Cheniere Energy's gross margins are currently in the green, but this might not be the case for long. Since its cost of revenue is growing at a rate of 81.8%, its gross margins have been shrinking -15.9% on average each year.
|Date Reported||Total Revenue ($)||Operating Expenses ($)||Operating Margins (%)||YoY Growth (%)|
Despite the negative operating margins in the last year, Cheniere Energy's average is still positive, indicating that the company is generally profitable. There's a red flag, however, indicating that the last year could be part of a negative trend. Cheniere Energy's operating expenses are growing at an average rate of 62.0%, whilst its revenues are growing at only 34.9%.