Machine Learning

Profit margins for oil and gas are low compared to many other industries The low profit margins are the result of several factors Oil and gas companies have large capital expenditures (equipment, exploration, drilling, etc ) that are necessary to make sales The return on these investments can take years to realize The price of oil is set on the world market Once the cost of production is covered, the price of oil goes to the market price The oil market is very volatile Oil companies have to pay taxes Oil companies must pay taxes in the countries where they operate and then pay taxes in their home countries The cost of oil production is constantly changing The price of oil is constantly changing The cost of production is a result of many factors that must be evaluated WHAT IS TAX RATE? Tax rate is the rate at which a company pays taxes on its income The tax rate is based on a combination of factors including the companys income and the jurisdiction in which the company is located WHAT IS TH