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Energen (Energen) Debt-to-EBITDA : 2.09 (As of Sep. 2018)


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What is Energen Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Energen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0 Mil. Energen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $953 Mil. Energen's annualized EBITDA for the quarter that ended in Sep. 2018 was $455 Mil. Energen's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 was 2.09.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Energen's Debt-to-EBITDA or its related term are showing as below:

EGN's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Energen Debt-to-EBITDA Historical Data

The historical data trend for Energen's Debt-to-EBITDA 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.

Energen Debt-to-EBITDA Chart

Energen Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.43 -0.92 2.32 1.24

Energen Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Debt-to-EBITDA 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 1.68 1.10 0.65 0.89 2.09

Competitive Comparison of Energen's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, Energen's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Energen's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energen's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Energen's Debt-to-EBITDA falls into.



Energen Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Energen's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 782.861) / 629.129
=1.24

Energen's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 953.173) / 455.42
=2.09

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2018) EBITDA data.


Energen  (NYSE:EGN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Energen Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Energen's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Energen (Energen) Business Description

Traded in Other Exchanges
N/A
Address
Energen Corp is an exploration and production company focused on the exploration, development, and production of oil, natural gas liquids, and natural gas. Its core business is centered around increasing production and adding proven reserves. In addition, the company explores for and develops new reservoirs, primarily in areas which it has an existing presence. Traditionally, all of the oil, natural gas liquids, and natural gas is sold to third parties. Energen has expanded proven reserves from regulatory approvals for drilling unit downspacing. This approval increases the number of available drilling locations, changes the operating environments, technology enhancements, and increases knowledge of field geology and engineering parameters relative to oil and natural gas reservoirs.
Executives
Magnus James Gorrie director PO BOX 10383, BIRMINGHAM AL 35202
J T Mcmanus director, officer: Chairman and CEO 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Lori A Lancaster director 302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
Jonathan Z Cohen director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Jay Grinney director ONE PARK PLAZA, NASHVILLE TN 37203
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Carl C Icahn other: Potential Group Member C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
High River Limited Partnership 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Keith A. Meister other: Potential Group Members C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Laurence M Downes director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen A Snider director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
T Michael Goodrich director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707

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