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Frontera Energy (TSX:FEC) EBIT : C$175 Mil (TTM As of Dec. 2024)


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What is Frontera Energy EBIT?

Frontera Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$175 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frontera Energy's annualized ROC % for the quarter that ended in Dec. 2024 was -35.87%. Frontera Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frontera Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.06%.


Frontera Energy EBIT Historical Data

The historical data trend for Frontera Energy'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.

Frontera Energy EBIT Chart

Frontera Energy 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 -514.37 871.63 790.43 328.67 182.91

Frontera Energy 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 71.92 47.64 64.35 60.34 2.41

Competitive Comparison of Frontera Energy's EBIT

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


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

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

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


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Frontera Energy 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 C$175 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.


Frontera Energy  (TSX:FEC) EBIT Explanation

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

Frontera Energy'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 )
=178.38 * ( 1 - 827.73% )/( (3531.05 + 3705.932)/ 2 )
=-1298.124774/3618.491
=-35.87 %

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))
=4084.475 - 610.953 - ( 278.468 - max(0, 738.758 - 681.23+278.468))
=3531.05

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))
=4132.879 - 570.222 - ( 274.364 - max(0, 731.747 - 588.472+274.364))
=3705.932

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

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

Frontera Energy'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 )
=9.644/( ( (3218.051 + max(-428.819, 0)) + (3372.731 + max(-544.362, 0)) )/ 2 )
=9.644/( ( 3218.051 + 3372.731 )/ 2 )
=9.644/3295.391
=0.29 %

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)
=(59.327 + 122.338 + 53.198) - (610.953 + 0 + 52.729)
=-428.819

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.184 + 79.096 + 45.195) - (570.222 + 43.237 + 68.378)
=-544.362

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=174.742/829.713
=21.06 %

* 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.


Frontera Energy EBIT Related Terms

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Frontera Energy Business Description

Traded in Other Exchanges
Address
140 4 Avenue SW, Suite 1030, Calgary, AB, CAN, T2P 3N3
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in four reportable segments such as Colombia, Ecuador, Guyana and Infrastructure Colombia. The majority of its revenue is generated from the Colombia segment.
Executives
Gramercy Funds Management Llc 10% Security Holder
Ivan Dario Arevalo Vergara Senior Officer
Renata Campagnaro Senior Officer
Victor Vega Senior Officer
Duncan James Nightingale Senior Officer
Alejandro Pineros Ospina Senior Officer
Grayson Martin Andersen Senior Officer
Andrew Kent Senior Officer

Frontera Energy Headlines

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