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Pipestone Energy (TSX:PIPE) EBIT : C$224.6 Mil (TTM As of Jun. 2023)


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What is Pipestone Energy EBIT?

Pipestone Energy's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was C$24.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was C$224.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pipestone Energy's annualized ROC % for the quarter that ended in Jun. 2023 was 5.61%. Pipestone Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 9.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pipestone Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 28.68%.


Pipestone Energy EBIT Historical Data

The historical data trend for Pipestone 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.

Pipestone Energy EBIT Chart

Pipestone Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
-9.35 -14.44 -9.29 105.92 304.06

Pipestone Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 111.49 80.16 73.51 46.12 24.84

Competitive Comparison of Pipestone Energy's EBIT

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


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

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

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



Pipestone 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$224.6 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.


Pipestone Energy  (TSX:PIPE) EBIT Explanation

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

Pipestone Energy's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=80.624 * ( 1 - 22.99% )/( (1090.783 + 1122.379)/ 2 )
=62.0885424/1106.581
=5.61 %

where

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

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

Pipestone Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=99.372/( ( (1082.69 + max(-50.072, 0)) + (1113.924 + max(-30.211, 0)) )/ 2 )
=99.372/( ( 1082.69 + 1113.924 )/ 2 )
=99.372/1098.307
=9.05 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.587 + 0 + 10.128) - (127.787 + 0 + 0)
=-50.072

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.451 + 0 + 19.119) - (101.781 + 0 + 0)
=-30.211

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=224.63/783.161
=28.68 %

* 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.


Pipestone Energy EBIT Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Traded in Other Exchanges
N/A
Address
888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.
Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.
Executives
Gmt Capital Corp Director

Pipestone Energy (TSX:PIPE) Headlines

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