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Tamarack Valley Energy (Tamarack Valley Energy) Capex-to-Operating-Income : 1.70 (As of Dec. 2023)


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What is Tamarack Valley 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.

Tamarack Valley Energy's Capital Expenditure for the three months ended in Dec. 2023 was $-106.24 Mil. Its Operating Income for the three months ended in Dec. 2023 was $62.50 Mil.

Hence, Tamarack Valley Energy's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.70.


Tamarack Valley Energy Capex-to-Operating-Income Historical Data

The historical data trend for Tamarack Valley 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.

Tamarack Valley Energy Capex-to-Operating-Income Chart

Tamarack Valley Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 - 2.88 2.69 1.50

Tamarack Valley Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.68 3.37 2.21 0.73 1.70

Competitive Comparison of Tamarack Valley Energy's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Tamarack Valley 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.


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

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

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



Tamarack Valley Energy Capex-to-Operating-Income Calculation

Tamarack Valley Energy's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-397.999) / 264.708
=1.50

Tamarack Valley Energy's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-106.237) / 62.501
=1.70

* 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.


Tamarack Valley Energy  (OTCPK:TNEYF) 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.


Tamarack Valley Energy Capex-to-Operating-Income Related Terms

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Tamarack Valley Energy (Tamarack Valley Energy) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.

Tamarack Valley Energy (Tamarack Valley Energy) Headlines

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