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Parex Resources (FRA:QPX) EBIT : €284 Mil (TTM As of Dec. 2024)


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What is Parex Resources EBIT?

Parex Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €-66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €284 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Parex Resources's annualized ROC % for the quarter that ended in Dec. 2024 was 15.41%. Parex Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -17.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Parex Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 34.69%.


Parex Resources EBIT Historical Data

The historical data trend for Parex 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.

Parex Resources EBIT Chart

Parex Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.54 445.88 758.26 417.37 299.52

Parex Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 48.25 125.08 126.57 98.65 -66.07

Competitive Comparison of Parex Resources's EBIT

For the Oil & Gas E&P subindustry, Parex 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.


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

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

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



Parex 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €284 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.


Parex Resources  (FRA:QPX) EBIT Explanation

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

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

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=287.444 * ( 1 - 1.26% )/( (1844.502 + 1838.311)/ 2 )
=283.8222056/1841.4065
=15.41 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=2063.905 - 185.608 - ( 132.856 - max(0, 189.84 - 223.635+132.856))
=1844.502

Invested Capital(Q: Dec. 2024 )
=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))
=2058.084 - 163.048 - ( 93.611 - max(0, 178.151 - 234.876+93.611))
=1838.311

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-264.288/( ( (1489.411 + max(-116.29, 0)) + (1467.099 + max(-74.298, 0)) )/ 2 )
=-264.288/( ( 1489.411 + 1467.099 )/ 2 )
=-264.288/1478.255
=-17.88 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.012 + 8.902 + 29.636) - (185.608 + 0 + 4.232)
=-116.29

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.636 + 1.926 + 28.291) - (163.048 + 0 + 15.103)
=-74.298

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=284.224/819.294
=34.69 %

* 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.


Parex Resources EBIT Related Terms

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Parex Resources Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue SW, Suite 2700, Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The operating segments of the company are; Columbia which is also its key revenue generating segment, and Canada.

Parex Resources Headlines

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