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Pipestone Energy (TSX:PIPE) Capex-to-Operating-Income : 3.19 (As of Jun. 2023)


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What is Pipestone Energy Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Pipestone Energy's Capital Expenditure for the three months ended in Jun. 2023 was C$-64.24 Mil. Its Operating Income for the three months ended in Jun. 2023 was C$20.16 Mil.

Hence, Pipestone Energy's Capex-to-Operating-Income for the three months ended in Jun. 2023 was 3.19.


Pipestone Energy Capex-to-Operating-Income Historical Data

The historical data trend for Pipestone Energy's Capex-to-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.

Pipestone Energy Capex-to-Operating-Income Chart

Pipestone Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
- - - 1.13 0.70

Pipestone Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Capex-to-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 0.65 0.80 0.42 2.52 3.19

Competitive Comparison of Pipestone Energy's Capex-to-Operating-Income

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


Pipestone Energy's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pipestone Energy's Capex-to-Operating-Income falls into.



Pipestone Energy Capex-to-Operating-Income Calculation

Pipestone Energy's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-245.689) / 349.106
=0.70

Pipestone Energy's Capex-to-Operating-Income for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-64.24) / 20.156
=3.19

* 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.


Pipestone Energy  (TSX:PIPE) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Pipestone Energy Capex-to-Operating-Income Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Traded in Other Exchanges
N/A
Address
888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.
Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.
Executives
Gmt Capital Corp Director

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