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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) EBIT : $-4,608 Mil (TTM As of Sep. 2020)


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What is Oasis Petroleum (OLD) EBIT?

Oasis Petroleum (OLD)'s earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was $-16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $-4,608 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oasis Petroleum (OLD)'s annualized ROC % for the quarter that ended in Sep. 2020 was 9.64%. Oasis Petroleum (OLD)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -3.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oasis Petroleum (OLD)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -11,693.26%.


Oasis Petroleum (OLD) EBIT Historical Data

The historical data trend for Oasis Petroleum (OLD)'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.

Oasis Petroleum (OLD) EBIT Chart

Oasis Petroleum (OLD) Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.28 -241.01 64.07 126.15 44.03

Oasis Petroleum (OLD) Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 54.98 -46.74 -4,493.26 -52.02 -16.30

Competitive Comparison of Oasis Petroleum (OLD)'s EBIT

For the Oil & Gas E&P subindustry, Oasis Petroleum (OLD)'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.


Oasis Petroleum (OLD)'s EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oasis Petroleum (OLD)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Oasis Petroleum (OLD)'s EV-to-EBIT falls into.



Oasis Petroleum (OLD) 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4,608 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.


Oasis Petroleum (OLD)  (OTCPK:OASPQ) EBIT Explanation

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

Oasis Petroleum (OLD)'s annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

ROC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=253.584 * ( 1 - 9.85% )/( (2211.712 + 2530.495)/ 2 )
=228.605976/2371.1035
=9.64 %

where

Invested Capital(Q: Jun. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2625.626 - 356.432 - ( 77.408 - max(0, 361.353 - 418.835+77.408))
=2211.712

Invested Capital(Q: Sep. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2506.777 - 212.135 - ( 84.265 - max(0, 575.294 - 339.441+84.265))
=2530.495

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data.

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

Oasis Petroleum (OLD)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-65.18/( ( (2167.422 + max(-92.858, 0)) + (2128.975 + max(-2.966, 0)) )/ 2 )
=-65.18/( ( 2167.422 + 2128.975 )/ 2 )
=-65.18/2148.1985
=-3.03 %

where Working Capital is:

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.147 + 36.92 + 102.993) - (356.432 + 0 + 1.486)
=-92.858

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.78 + 35.736 + 17.166) - (212.135 + 0 + 0.51300000000003)
=-2.966

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

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

Oasis Petroleum (OLD)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2020 )
=-4608.313/39.410
=-11,693.26 %

* 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.


Oasis Petroleum (OLD) EBIT Related Terms

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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Business Description

Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002
Oasis Petroleum is an independent oil and gas producer in the United States. The company operates exclusively in the Williston Basin. At the end of 2018, the company reported net proven reserves of 321 million barrels of oil equivalent. Net production averaged 83,000 barrels of oil equivalent per day in 2018, at a ratio of 77% oil and 23% natural gas and NGLs.
Executives
Paula D Polito director 15747 VILLORESI WAY, NAPLES FL 34110
John E Hagale director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Thomas B Nusz director, officer: Chairman and CEO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Taylor L Reid director, officer: President and COO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
William J. Cassidy director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Nickolas J Lorentzatos officer: Executive VP, GC & Corp. Sec. 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Bobby S Shackouls director 5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Michael H Lou officer: Executive VP and CFO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Encap Energy Capital Fund Viii, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Energy Capital Fund Viii Co-investors, L.p. 10 percent owner 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Vi-b Acquisitions, L.p. 10 percent owner 1100 LOUISIANA, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vii Lp 10 percent owner 1100 LOUISIANA STREET, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vi L P 10 percent owner 1100 LOUISIANA ST SUITE 3150, HOUSTON TX 77002
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024

Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Headlines

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