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Battalion Oil (Battalion Oil) EBIT : $-24.5 Mil (TTM As of Mar. 2024)


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What is Battalion Oil EBIT?

Battalion Oil's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-24.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-24.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Battalion Oil's annualized ROC % for the quarter that ended in Mar. 2024 was 0.02%. Battalion Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -25.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Battalion Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.45%.


Battalion Oil EBIT Historical Data

The historical data trend for Battalion Oil'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.

Battalion Oil EBIT Chart

Battalion Oil 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 -1,108.06 -223.07 -20.30 42.13 30.27

Battalion Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.60 4.78 -46.87 41.76 -24.16

Competitive Comparison of Battalion Oil's EBIT

For the Oil & Gas E&P subindustry, Battalion Oil'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.


Battalion Oil's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Battalion Oil's EV-to-EBIT falls into.



Battalion Oil 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.5 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.


Battalion Oil  (AMEX:BATL) EBIT Explanation

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

Battalion Oil's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0.092 * ( 1 - 0% )/( (469.628 + 497.399)/ 2 )
=0.092/483.5135
=0.02 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Battalion Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-96.656/( ( (372.266 + max(-44.288, 0)) + (380.368 + max(-49.891, 0)) )/ 2 )
=-96.656/( ( 372.266 + 380.368 )/ 2 )
=-96.656/376.317
=-25.68 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.021 + 0 + 9.989) - (59.587 + 0 + 17.711)
=-44.288

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.987 + 0 + 8.643) - (55.248 + 0 + 29.273)
=-49.891

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Battalion Oil's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-24.49/234.351
=-10.45 %

* 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.


Battalion Oil EBIT Related Terms

Thank you for viewing the detailed overview of Battalion Oil's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Battalion Oil (Battalion Oil) Business Description

Traded in Other Exchanges
Address
3505 West Sam Houston Parkway North, Suite 300, Houston, TX, USA, 77043
Battalion Oil Corp is an independent oil and gas producer operating exclusively in the Delaware Basin. It is an independent energy company focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the United States. The company operates in one segment which focuses on oil and natural gas acquisition, production, exploration, and development.
Executives
Ajay Jegadeesan director 3505 WEST SAM HOUSTON PARKWAY N, HOUSTON TX 77043
Matthew Steele officer: CEO 3505 WEST SAM HOUSTON PARKWAY N, STE 300, HOUSTON TX 77043
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Gen Iv Investment Opportunities, Llc 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Lsp Investment Advisors, Llc 10 percent owner 1700 BROADWAY, FL. 35, NEW YORK NY 10019
Lsp Generation Iv, Llc 10 percent owner 1700 BROADWAY, FLOOR 35, NEW YORK X1 10019
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Kristen Mcwatters officer: EVP, CFO & Treasurer 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Richard Kevin Andrews officer: EVP, CFO and Treasurer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
Richard H Little officer: Chief Executive Officer 1000 LOUISIANA STREET, SUITE 1500, HOUSTON TX 77002
Daniel P Rohling officer: Chief Operating Officer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
William D Rogers director P O BOX 30150, RENO NV 89520
Leah R. Kasparek officer: VP, Human Resources 1000 LOUISIANA STREEET, SUITE 6700, HOUSTON TX 77002
Gregory S. Hinds director 1875 LAWRENCE STREET, SUITE 200, DENVER CO 80202

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