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Lonestar Resources US (Lonestar Resources US) Operating Income : $37.8 Mil (TTM As of Jun. 2021)


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What is Lonestar Resources US Operating Income?

Lonestar Resources US's Operating Income for the three months ended in Jun. 2021 was $26.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 was $37.8 Mil.

Warning Sign:

Lonestar Resources US Inc has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lonestar Resources US's Operating Income for the three months ended in Jun. 2021 was $26.4 Mil. Lonestar Resources US's Revenue for the three months ended in Jun. 2021 was $46.0 Mil. Therefore, Lonestar Resources US's Operating Margin % for the quarter that ended in Jun. 2021 was 57.35%.

Lonestar Resources US's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lonestar Resources US's annualized ROC % for the quarter that ended in Jun. 2021 was 23.51%. Lonestar Resources US's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -14.48%.


Lonestar Resources US Operating Income Historical Data

The historical data trend for Lonestar Resources US's Operating Income 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.

Lonestar Resources US Operating Income Chart

Lonestar Resources US Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Income
Get a 7-Day Free Trial Premium Member Only -29.01 1.58 64.53 42.30 -

Lonestar Resources US Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Operating Income 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 -12.02 -10.72 - 22.11 26.40

Lonestar Resources US Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $37.8 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.


Lonestar Resources US  (OTCPK:LONEQ) Operating Income Explanation

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

Lonestar Resources US's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=105.592 * ( 1 - 0% )/( (428.651 + 469.49)/ 2 )
=105.592/449.0705
=23.51 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2021) data.

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

Lonestar Resources US's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-55.544/( ( (373.694 + max(-40.177, 0)) + (393.306 + max(-70.31, 0)) )/ 2 )
=-55.544/( ( 373.694 + 393.306 )/ 2 )
=-55.544/383.5
=-14.48 %

where Working Capital is:

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.839 + 0 + 4.531) - (39.744 + 0 + 23.803)
=-40.177

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.838 + 0 + 3.867) - (49.476 + 0 + 43.539)
=-70.31

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Lonestar Resources US's Operating Margin % for the quarter that ended in Jun. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2021 )/Revenue (Q: Jun. 2021 )
=26.398/46.027
=57.35 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Lonestar Resources US Operating Income Related Terms

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Lonestar Resources US (Lonestar Resources US) Business Description

Traded in Other Exchanges
N/A
Address
111 Boland Street, Suite 301, Fort Worth, TX, USA, 76107
Lonestar Resources US Inc is an oil and natural gas company. It focuses on the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas in the Eagle Ford Shale in South Texas. The properties in the Eagle Ford are divided into three distinct regions namely the Western Eagle Ford, Central Eagle Ford, and Eastern Eagle Ford. The vast majority of its revenue is generated from oil sales.
Executives
John H Pinkerton director 3437 W 7TH ST #234, FORT WORTH TX 76107-2718
Barry Schneider officer: CHIEF OPERATING OFFICER 111 BOLAND STREET, SUITE 300, FORT WORTH TX 76107
Jana Payne officer: VP - GEOSCIENCE 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Thomas H Olle officer: VP - RESERVIOR ENGINEERING 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Bracken Frank D Iii director, officer: CEO 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Jason N Werth officer: Chief Accounting Officer 600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Gregory R Packer officer: See Remarks 600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Chambers Energy Capital Iii, Lp 10 percent owner 600 TRAVIS STREET SUITE 4700 HOUSTON TX 77002
Cec Gp, Llc 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Cec Fund Iii Gp,llc 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
John Robert Chambers 10 percent owner C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen H Oglesby director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Randy L Wolsey director 111 BOLAND STREET SUITE 300 FORT WORTH TX 76107
Daniel R Lockwood director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107