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Riley Exploration Permian (Riley Exploration Permian) EBIT : $166.8 Mil (TTM As of Mar. 2024)


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What is Riley Exploration Permian EBIT?

Riley Exploration Permian's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $33.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $166.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Riley Exploration Permian's annualized ROC % for the quarter that ended in Mar. 2024 was 16.63%. Riley Exploration Permian's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Riley Exploration Permian's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.23%.


Riley Exploration Permian EBIT Historical Data

The historical data trend for Riley Exploration Permian'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.

Riley Exploration Permian EBIT Chart

Riley Exploration Permian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -3.64 -30.17 150.70 174.98

Riley Exploration Permian 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 41.22 53.08 22.17 58.50 33.01

Competitive Comparison of Riley Exploration Permian's EBIT

For the Oil & Gas E&P subindustry, Riley Exploration Permian'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.


Riley Exploration Permian's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Riley Exploration Permian's EV-to-EBIT falls into.



Riley Exploration Permian 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 $166.8 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.


Riley Exploration Permian  (AMEX:REPX) EBIT Explanation

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

Riley Exploration Permian'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 )
=202.268 * ( 1 - 23.72% )/( (915.125 + 940.427)/ 2 )
=154.2900304/927.776
=16.63 %

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:

Riley Exploration Permian'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 )
=132.052/( ( (869.491 + max(-24.357, 0)) + (878.599 + max(-23.518, 0)) )/ 2 )
=132.052/( ( 869.491 + 878.599 )/ 2 )
=132.052/874.045
=15.11 %

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)
=(31.135 + 6.177 + 6.638) - (61.671 + 0 + 6.636)
=-24.357

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.599 + 6.351 + 7.336) - (56.861 + 0 + 16.943)
=-23.518

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:

Riley Exploration Permian's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=166.772/967.724
=17.23 %

* 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.


Riley Exploration Permian EBIT Related Terms

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Riley Exploration Permian (Riley Exploration Permian) Business Description

Traded in Other Exchanges
Address
29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104
Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, Tennessee Properties, among others.
Executives
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Riley Exploration Group, Llc 10 percent owner 2008 NORTH COUNCIL AVE, BLANCHARD OK 73010
Bobby Riley director, officer: CHIEF EXECUTIVE OFFICER 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
Alvin Gerald Libin 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Kevin Riley officer: PRESIDENT 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
E Wayne Nordberg director C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170
Brent Alexander Arriaga director 12330 BROKEN BOUGH DR, HOUSTON TX 77024
Philip A Riley officer: EVP STRATEGY 919 MILAM STREET, SUITE 550, HOUSTON TX 77005
Riley Corey Neil officer: EVP BUSINESS INTELLIGENCE 4430 CRITTENDEN DRIVE, NORMAN OK 73072
Rebecca L Bayless director 18 MAYMONT WAY, THE WOODLANDS TX 77382
Balmon Investments Ltd. 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Estate Of Antonie Vandenbrink 10 percent owner 59 BELAIRE PLACE SW, CALGARY A0 T2V2C3
Di Santo Beth A director 170 CHRISTOPHER STREET, NEW YORK NY 10014
Amber Bonney officer: Chief Accounting Officer 914 N. BROADWAY, SUITE 230, OKLAHOMA CITY OK 73102
Texel Resources Inc. 10 percent owner 59 BELAIRE PLACE SW, CALGARY A0 T2V2C3