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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Asset Turnover : 0.04 (As of Sep. 2017)


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What is BreitBurn Energy Partners LP Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BreitBurn Energy Partners LP's Revenue for the three months ended in Sep. 2017 was $137.7 Mil. BreitBurn Energy Partners LP's Total Assets for the quarter that ended in Sep. 2017 was $3,497.2 Mil. Therefore, BreitBurn Energy Partners LP's Asset Turnover for the quarter that ended in Sep. 2017 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. BreitBurn Energy Partners LP's annualized ROE % for the quarter that ended in Sep. 2017 was -2,186.36%. It is also linked to ROA % through Du Pont Formula. BreitBurn Energy Partners LP's annualized ROA % for the quarter that ended in Sep. 2017 was -74.57%.


BreitBurn Energy Partners LP Asset Turnover Historical Data

The historical data trend for BreitBurn Energy Partners LP's Asset Turnover 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.

BreitBurn Energy Partners LP Asset Turnover Chart

BreitBurn Energy Partners LP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.18 0.24 0.18 0.11

BreitBurn Energy Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Asset Turnover 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 0.03 0.04 0.04 0.04 0.04

Competitive Comparison of BreitBurn Energy Partners LP's Asset Turnover

For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


BreitBurn Energy Partners LP's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BreitBurn Energy Partners LP's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BreitBurn Energy Partners LP's Asset Turnover falls into.



BreitBurn Energy Partners LP Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BreitBurn Energy Partners LP's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=469.005/( (4835.387+4115.408)/ 2 )
=469.005/4475.3975
=0.10

BreitBurn Energy Partners LP's Asset Turnover for the quarter that ended in Sep. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=137.72/( (3947.834+3046.622)/ 2 )
=137.72/3497.228
=0.04

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


BreitBurn Energy Partners LP  (OTCPK:BBEPQ) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BreitBurn Energy Partners LP's annulized ROE % for the quarter that ended in Sep. 2017 is

ROE %**(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-2607.876/119.2795
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2607.876 / 550.88)*(550.88 / 3497.228)*(3497.228/ 119.2795)
=Net Margin %*Asset Turnover*Equity Multiplier
=-473.4 %*0.1575*29.3196
=ROA %*Equity Multiplier
=-74.57 %*29.3196
=-2,186.36 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BreitBurn Energy Partners LP's annulized ROA % for the quarter that ended in Sep. 2017 is

ROA %(Q: Sep. 2017 )
=Net Income/Total Assets
=-2607.876/3497.228
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2607.876 / 550.88)*(550.88 / 3497.228)
=Net Margin %*Asset Turnover
=-473.4 %*0.1575
=-74.57 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BreitBurn Energy Partners LP Asset Turnover Related Terms

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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.
Executives
Thomas E Thurmond officer: Senior Vice President 515 S. FLOWER STREET SUITE 4800, LOS ANGELES CA 90071
Randall Hart Breitenbach director BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Donald D Wolf director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Gregory J Moroney director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Butler John R Jr director ANADARKO PETROLEUM CORPORATION, 1201 LAKE ROBBINS DR., THE WOODLANDS CA 77380
Charles S Weiss director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
James G Jackson officer: Executive VP and CFO 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Halbert S Washburn director, officer: Chief Executive Officer 515 SOUTH FLOWER STREET 48TH FLOOR, SUITE 4800, LOS ANGELES CA 90071
Gregory C Brown officer: EVP, Gen. Counsel, CAO C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease officer: President and COO C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Willis Jackson Washburn officer: Senior Vice President C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland officer: VP and Treasurer BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith officer: VP, Controller & Chf Actg Ofcr 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot director C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006