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Athlon Energy (FRA:28A) Capex-to-Operating-Cash-Flow : 5.05 (As of Sep. 2014)


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What is Athlon Energy Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Athlon Energy's Capital Expenditure for the three months ended in Sep. 2014 was €-454.56 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2014 was €90.04 Mil.

Hence, Athlon Energy's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2014 was 5.05.


Athlon Energy Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Athlon Energy's Capex-to-Operating-Cash-Flow 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.

Athlon Energy Capex-to-Operating-Cash-Flow Chart

Athlon Energy Annual Data
Trend Dec11 Dec12 Dec13
Capex-to-Operating-Cash-Flow
25.02 3.64 2.31

Athlon Energy Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial 2.03 2.77 3.21 11.90 5.05

Competitive Comparison of Athlon Energy's Capex-to-Operating-Cash-Flow

For the Oil & Gas E&P subindustry, Athlon Energy's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


Athlon Energy's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Athlon Energy's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Athlon Energy's Capex-to-Operating-Cash-Flow falls into.



Athlon Energy Capex-to-Operating-Cash-Flow Calculation

Athlon Energy's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2013 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-309.58) / 134.055
=2.31

Athlon Energy's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2014 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-454.562) / 90.038
=5.05

* 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.


Athlon Energy  (FRA:28A) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Athlon Energy Capex-to-Operating-Cash-Flow Related Terms

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Athlon Energy Business Description

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Traded in Other Exchanges
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Address
Athlon Energy Inc was founded in August 2010 and formed on April 1, 2013 as a Delaware corporation. The Company is an independent exploration and production company engaged in the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The Permian Basin spans portions of Texas and New Mexico and is composed of three primary sub-basins: the Delaware Basin, the Central Basin Platform, and the Midland Basin. All of the properties are located in the Midland Basin. The Company's drilling activity is primarily engaged in the low-risk vertical development of stacked pay zones, including the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, Atoka, and Mississippian formations, referred to as the Wolfberry play, and horizontal development of the Wolfcamp. As of December 31, 2013, it had identified 2,232 gross vertical drilling locations on 40-acre spacing and an additional 2,616 gross vertical drilling locations on 20-acre spacing. Only 659 gross of these potential vertical drilling locations were booked as proved undeveloped reserves. As of December 31, 2013, it had also identified 1,065 gross horizontal drilling locations targeting Wolfcamp A, Wolfcamp B, Wolfcamp C, and Cline intervals, which comprise 327 gross, 362 gross, 136 gross, and 240 gross locations, respectively. Its acreage position was 127,840 gross acres at December 31, 2013. As of December 31, 2013, it had 127.3 MMBOE of proved reserves, comprised of 71.2 MMBbls of oil, 30.7 MMBbls of NGLs, and 152.2 Bcf of natural gas. The Company's facilities located at well locations include field gathering systems, storage tank batteries, saltwater disposal systems, oil/gas/water separation equipment, and pumping units. It owns 10 saltwater disposal systems with over 45,700 barrels of water per day capacity and access to over 144 fresh water supply wells throughout its acreage.

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