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SilverBow Resources (SilverBow Resources) EBIT : $461.4 Mil (TTM As of Dec. 2023)


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What is SilverBow Resources EBIT?

SilverBow Resources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $258.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $461.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SilverBow Resources's annualized ROC % for the quarter that ended in Dec. 2023 was 11.97%. SilverBow Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 49.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SilverBow Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.72%.


SilverBow Resources EBIT Historical Data

The historical data trend for SilverBow 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.

SilverBow Resources EBIT Chart

SilverBow Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.64 -257.24 122.29 391.99 461.45

SilverBow Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 190.60 138.05 50.48 14.09 258.83

Competitive Comparison of SilverBow Resources's EBIT

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


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

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

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



SilverBow 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $461.4 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.


SilverBow Resources  (NYSE:SBOW) EBIT Explanation

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

SilverBow Resources's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=340.732 * ( 1 - 21.59% )/( (1860.102 + 2604.893)/ 2 )
=267.1679612/2232.4975
=11.97 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=1930.449 - 129.286 - ( 1.697 - max(0, 194.852 - 135.913+1.697))
=1860.102

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

SilverBow Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1035.32/( ( (1720.211 + max(-55.129, 0)) + (2386.807 + max(44.164, 0)) )/ 2 )
=1035.32/( ( 1720.211 + 2430.971 )/ 2 )
=1035.32/2075.591
=49.88 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.202 + 0 + 54.014) - (129.286 + 22.462 + 37.597)
=-55.129

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.343 + 0 + 122.139) - (128.6 + 70.425 + 17.293)
=44.164

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=461.448/2031.350
=22.72 %

* 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.


SilverBow Resources EBIT Related Terms

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SilverBow Resources (SilverBow Resources) Business Description

Traded in Other Exchanges
Address
920 Memorial City Way, Suite 850, Houston, TX, USA, 77024
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Majority of revenue is generated from Webb County Gas field.
Executives
Strategic Value Partners, Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Gabriel L Ellisor director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
William Eric Schultz officer: Controller 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Charles W Wampler director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Christopher M Abundis officer: EVP, CFO, GC & Sec'y 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Michael Duginski director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Sean C Woolverton director, officer: CEO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Jennifer M Grigsby director 6100 N WESTERN AVENUE, POST OFFICE BOX 18496, OKLAHOMA CITY OK 73154-0496
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Victor Khosla director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii-a Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Kimmeridge Energy Management Company, Llc 10 percent owner 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Steven W Adam officer: EVP and COO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024