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Peyto Exploration & Development (Peyto Exploration & Development) EBIT : $327.7 Mil (TTM As of Dec. 2023)


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What is Peyto Exploration & Development EBIT?

Peyto Exploration & Development's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $101.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $327.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Peyto Exploration & Development's annualized ROC % for the quarter that ended in Dec. 2023 was 6.17%. Peyto Exploration & Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Peyto Exploration & Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.26%.


Peyto Exploration & Development EBIT Historical Data

The historical data trend for Peyto Exploration & Development's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peyto Exploration & Development EBIT Chart

Peyto Exploration & Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.77 11.35 195.66 415.26 329.55

Peyto Exploration & Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.75 94.88 65.78 66.07 101.01

Competitive Comparison of Peyto Exploration & Development's EBIT

For the Oil & Gas E&P subindustry, Peyto Exploration & Development's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Peyto Exploration & Development's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Peyto Exploration & Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Peyto Exploration & Development's EV-to-EBIT falls into.



Peyto Exploration & Development EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $327.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Peyto Exploration & Development  (OTCPK:PEYUF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Peyto Exploration & Development's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=280.884 * ( 1 - 23.18% )/( (3078.447 + 3917.985)/ 2 )
=215.7750888/3498.216
=6.17 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3196.875 - 106.793 - ( 11.635 - max(0, 331.866 - 355.547+11.635))
=3078.447

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4106.77 - 161.074 - ( 27.711 - max(0, 208.634 - 365.933+27.711))
=3917.985

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Peyto Exploration & Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=404.02/( ( (2827.464 + max(86.911, 0)) + (3645.041 + max(173.7, 0)) )/ 2 )
=404.02/( ( 2914.375 + 3818.741 )/ 2 )
=404.02/3366.558
=12.00 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.686 + 0 + 278.226) - (106.793 + 0 + 150.208)
=86.911

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.554 + 0 + 217.668) - (161.074 + 0 + 3.448)
=173.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Peyto Exploration & Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=327.734/3194.143
=10.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Peyto Exploration & Development EBIT Related Terms

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Peyto Exploration & Development (Peyto Exploration & Development) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue SW, Suite 300, Calgary, AB, CAN, T2P 0G5
Peyto Exploration & Development Corp is a Canadian energy company involved in the development and production of oil and natural gas. It conducts exploration, development and production activities in Canada. Substantial revenue is generated from Natural gas and natural gas liquid sales.

Peyto Exploration & Development (Peyto Exploration & Development) Headlines