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EXIXQ.PFD (Energy XXI) EBIT : $-1,169.31 Mil (TTM As of Sep. 2016)


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What is Energy XXI EBIT?

Energy XXI's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2016 was $-126.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-1,169.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Energy XXI's annualized ROC % for the quarter that ended in Sep. 2016 was -46.40%. Energy XXI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -89.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Energy XXI EBIT Historical Data

The historical data trend for Energy XXI'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.

Energy XXI EBIT Chart

Energy XXI Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 483.36 322.04 215.87 -2,723.88 -1,513.18

Energy XXI Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -470.17 -1,220.30 359.54 -182.25 -126.31

Competitive Comparison of Energy XXI's EBIT

For the Oil & Gas E&P subindustry, Energy XXI'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.


Energy XXI's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Energy XXI 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,169.31 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.


Energy XXI  (OTCPK:EXIXQ.PFD) EBIT Explanation

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

Energy XXI's annualized ROC % for the quarter that ended in Sep. 2016 is calculated as:

ROC % (Q: Sep. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Sep. 2016 ))/ count )
=-374.948 * ( 1 - 0% )/( (880.535 + 735.766)/ 2 )
=-374.948/808.1505
=-46.40 %

where

Invested Capital(Q: Jun. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1025.434 - 52.18 - ( 203.258 - max(0, 256.165 - 348.884+203.258))
=880.535

Invested Capital(Q: Sep. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=924.659 - 114.432 - ( 215.713 - max(0, 280.081 - 354.542+215.713))
=735.766

Note: The Operating Income data used here is four times the quarterly (Sep. 2016) data.

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

Energy XXI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-505.232/( ( (620.765 + max(-24.692, 0)) + (514.327 + max(-40.914, 0)) )/ 2 )
=-505.232/( ( 620.765 + 514.327 )/ 2 )
=-505.232/567.546
=-89.02 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.644 + 0.423 + 67.57) - (52.18 + 0 + 104.149)
=-24.692

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.621 + 0.424 + 66.784) - (114.432 + 0.374 + 64.937)
=-40.914

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

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

Energy XXI's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=-1169.314/0.000
= %

* 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.


Energy XXI EBIT Related Terms

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Energy XXI Business Description

Traded in Other Exchanges
N/A
Address
Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.
Executives
Norman Louie director 280 PARK AVENUE 4TH FLOOR EAST, NEW YORK NY 10017
James Lachance director C/O FRIENDFINDER NETWORKS INC., 6800 BROKEN SOUND PKWY., BOCA RATON FL 33487
Bruce W Busmire officer: Chief Financial Officer 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Scott A Griffiths director 2220 DUNSTAN ROAD, HOUSTON TX 77005
Todd Reid officer: Sr VP, Marketing & Risk Mgmt 1021 MAIN ST, SUITE 2626, HOUSTON TX 77002
Pinho Antonio De officer: Sr. VP, JV, OBO, Technology 1021 MAIN ST. SUITE 2626, HOUSTON TX 77002
Kevin S Flannery director
Dupre Ii Cornelius director 510 BERING, STE 455, HOUSTON TX 77057
Third Point Offshore Fund, Ltd. 10 percent owner C/O INTERNATIONAL FUND SERVICES(IRELAND), BISHOP'S SQUARE, REDMOND'S HILL, DUBLIN 2 L2 00000
Hugh A Menown officer: Vice Pres, Chief Acct Officer 808 TRAVIS, SUITE 850, HOUSTON TX 77002
Paul Davison director SELWOOD RICKFORD WORPLESDON, SURREY X0 GU3 3PJ
Hill A Feinberg director 3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Stewart Lawrence officer: Vice President, Inv. Relations 1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
Rick D Fox other: Controller 1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
David M Dunwoody director 3417 MILAM, HOUSTON TX 77002