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EONR (EON Resources) EBIT : $-4.69 Mil (TTM As of Sep. 2024)


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What is EON Resources EBIT?

EON Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-2.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-4.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EON Resources's annualized ROC % for the quarter that ended in Sep. 2024 was 0.23%. EON Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EON Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.16%.


EON Resources EBIT Historical Data

The historical data trend for EON Resources's EBIT 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.

EON Resources EBIT Chart

EON Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -0.01 19.37 -

EON Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT 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 -0.10 - -4.05 1.71 -2.35

Competitive Comparison of EON Resources's EBIT

For the Oil & Gas E&P subindustry, EON Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


EON Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EON Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EON Resources's EV-to-EBIT falls into.



EON Resources EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.69 Mil.

* 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.


EON Resources  (AMEX:EONR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

EON Resources's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0.336 * ( 1 - 18.22% )/( (117.043 + 123.242)/ 2 )
=0.2747808/120.1425
=0.23 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

EON Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.392/( ( (96.001 + max(-22.167, 0)) + (97.032 + max(-26.806, 0)) )/ 2 )
=-9.392/( ( 96.001 + 97.032 )/ 2 )
=-9.392/96.5165
=-9.73 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.072 + 0 + 0.777) - (17.43 + 0 + 7.586)
=-22.167

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.06 + 0 + 1.173) - (18.738 + 0 + 11.301)
=-26.806

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

EON Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-4.686/76.130
=-6.16 %

* 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.


EON Resources EBIT Related Terms

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EON Resources Business Description

Traded in Other Exchanges
N/A
Address
3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098
EON Resources Inc is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in the United States. Its current focus is as an upstream energy company producing oil and gas properties in the Permian Basin.
Executives
Salvucci Joseph V Jr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald Goree director, officer: Chief Executive Officer 101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Donald W Orr director, officer: President 3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098