Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tullow Oil's Enterprise Value is $3,140 Mil.
Tullow Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $424 Mil. Therefore, Tullow Oil's EV-to-EBIT ratio for today is 7.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tullow Oil's Enterprise Value is $3,140 Mil.
Tullow Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $860 Mil. Therefore, Tullow Oil's EV-to-EBITDA ratio for today is 3.65.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tullow Oil's Enterprise Value is $3,140 Mil.
Tullow Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,634 Mil. Therefore, Tullow Oil's EV-to-Revenue ratio for today is 1.92.
Tullow Oil Enterprise Value Historical Data
The historical data trend for Tullow Oil's Enterprise Value 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.
Competitive Comparison of Tullow Oil's Enterprise Value
For the Oil & Gas E&P subindustry, Tullow Oil's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Tullow Oil's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tullow Oil's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tullow Oil's Enterprise Value falls into.
Tullow Oil Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tullow Oil's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Tullow Oil (OTCPK:TUWLF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Tullow Oil's current Enterprise Value is $3,140 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $424 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tullow Oil's current Enterprise Value is $3,140 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $860 Mil.
Tullow Oil's current Enterprise Value is $3,140 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,634 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.
Tullow Oil Enterprise Value Related Terms
Thank you for viewing the detailed overview of Tullow Oil's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tullow Oil PLC is an independent oil and gas exploration and production company. The company conducts exploration, appraisal, and development activities in African and Atlantic regions. The majority of revenue is derived from West African assets, with a focus in offshore fields. Assets used in oil and gas production are acquired through licenses. Tullow depends on seismic and geophysical data to assess potential oil in its fields. The Group's reportable segment are Ghana, Non-operated, Kenya and Exploration. Traditionally, the company has paid the host government several taxes as well as land rentals, training, and ongoing license costs to operate in its primary regions.
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