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WPXP.PFD (WPX Energy) Degree of Operating Leverage : 0.00 (As of Sep. 2020)


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What is WPX Energy Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. WPX Energy's Degree of Operating Leverage for the quarter that ended in Sep. 2020 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for WPX Energy's Degree of Operating Leverage or its related term are showing as below:

WPXP.PFD's Degree of Operating Leverage is not ranked *
in the Oil & Gas industry.
Industry Median: 0.92
* Ranked among companies with meaningful Degree of Operating Leverage only.

WPX Energy Degree of Operating Leverage Historical Data

The historical data trend for WPX Energy's Degree of Operating Leverage 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.

WPX Energy Degree of Operating Leverage Chart

WPX Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Degree of Operating Leverage
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WPX Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of WPX Energy's Degree of Operating Leverage

For the Oil & Gas E&P subindustry, WPX Energy's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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.


WPX Energy's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, WPX Energy's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where WPX Energy's Degree of Operating Leverage falls into.


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WPX Energy Degree of Operating Leverage Calculation

WPX Energy's Degree of Operating Leverage for the quarter that ended in Sep. 2020 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -936 (Sep. 2020) / 1130 (Sep. 2019) - 1 )/( 2062 (Sep. 2020) / 2382 (Sep. 2019) - 1 )
=-1.8283/-0.1343
=13.61***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


WPX Energy  (NYSE:WPXP.PFD) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


WPX Energy Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of WPX Energy's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


WPX Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
3500 One Williams Center, Tulsa, OK, USA, 74172-0172
WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.
Executives
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips director 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Partners Gp, Llc director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Encap Energy Capital Fund X, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Angela Kouplen officer: SVP and CIO 2425 SOUTH YUKON, TULSA OK 74107
Valerie Williams director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Faulkner Stephen L Jr officer: VP and Controller 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Clay M Gaspar officer: Senior Vice President 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Richard E Muncrief officer: President and CEO 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Dennis C Cameron officer: SVP and General Counsel DEVON ENERGY, 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Kelt Kindick director DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
David F Work director