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Warren Resources (Warren Resources) EBIT : $-589.54 Mil (TTM As of Dec. 2015)


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What is Warren Resources EBIT?

Warren Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2015 was $-236.87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $-589.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Warren Resources's annualized ROC % for the quarter that ended in Dec. 2015 was -179.37%. Warren Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was -337.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Warren Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was -159,335.41%.


Warren Resources EBIT Historical Data

The historical data trend for Warren Resources'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.

Warren Resources EBIT Chart

Warren Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.75 18.82 33.44 33.66 -589.54

Warren Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 5.79 -97.05 -78.53 -177.10 -236.87

Competitive Comparison of Warren Resources's EBIT

For the Oil & Gas E&P subindustry, Warren Resources'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.


Warren Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Warren Resources's EV-to-EBIT falls into.



Warren Resources 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 Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-589.54 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.


Warren Resources  (OTCPK:WRESQ) EBIT Explanation

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

Warren Resources's annualized ROC % for the quarter that ended in Dec. 2015 is calculated as:

ROC % (Q: Dec. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2015 ) + Invested Capital (Q: Dec. 2015 ))/ count )
=-964.172 * ( 1 - -0.01% )/( (418.593 + 656.583)/ 2 )
=-964.2684172/537.588
=-179.37 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2015) data.

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

Warren Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2015  Q: Dec. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-947.476/( ( (397.681 + max(-20.49, 0)) + (164.233 + max(-16.571, 0)) )/ 2 )
=-947.476/( ( 397.681 + 164.233 )/ 2 )
=-947.476/280.957
=-337.23 %

where Working Capital is:

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.704 + 0 + 6.896) - (42.872 + 0 + 0.218)
=-20.49

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.88 + 0 + 16.52) - (42.971 + 0 + 0)
=-16.571

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2015) EBIT data.

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

Warren Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=-589.541/0.370
=-159,335.41 %

* 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.


Warren Resources EBIT Related Terms

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Warren Resources (Warren Resources) Business Description

Traded in Other Exchanges
N/A
Address
Warren Resources Inc was incorporated on June 12, 1990 as a Delaware corporation. The Company is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The Company primarily on the exploration and development of its waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California, and its coalbed methane, or CBM, natural gas properties located in the Rocky Mountain region. As of December 31, 2013, the company owned natural gas and oil leasehold interests in approximately 123,943 gross (93,350 net) acres, approximately 80% of which are undeveloped. The Washakie Basin is located in the southeast portion of the Greater Green River Basin in southwestern Wyoming and represents its largest acreage position. As of December 31, 2013, the company owned 113,227 gross (87,683 net) acres prospective for CBM development in this area, of which 69,221 net acres were undeveloped. Warren owns certain deep rights below a portion of the Atlantic Rim CBM Project, which include an approximate 71,000 net acre position that is potentially prospective for hydrocarbon production from the Niobrara Shale and other deep formations. The Company sells its oil and natural gas production to various purchasers in the areas where the oil and natural gas is produced. Its drilling, completion, production, re-entry and land operations are conducted, managed and supervised for the company through Warren E&P, Inc., its wholly owned subsidiary. The Companys operations are subject to a wide variety of stringent federal, state and local laws and regulations governing the exploration and production of oil and natural gas, including discharge of materials into the environment or otherwise relating to environmental protection.
Executives
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
James A Watt officer: President & C.E.O. 410 17TH STREET, SUITE 1400, DENVER CO 80202
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711

Warren Resources (Warren Resources) Headlines