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Surge Energy (TSX:SGY) EBIT : C$-34.5 Mil (TTM As of Dec. 2024)


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What is Surge Energy EBIT?

Surge Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-5.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-34.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Surge Energy's annualized ROC % for the quarter that ended in Dec. 2024 was 3.11%. Surge Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Surge Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -4.20%.


Surge Energy EBIT Historical Data

The historical data trend for Surge 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.

Surge Energy EBIT Chart

Surge 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 -675.97 427.71 191.44 59.47 -34.54

Surge 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 -32.19 6.63 -73.05 37.16 -5.27

Competitive Comparison of Surge Energy's EBIT

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


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

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

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



Surge 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$-34.5 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.


Surge Energy  (TSX:SGY) EBIT Explanation

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

Surge 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 )
=84.036 * ( 1 - 52.14% )/( (1274.801 + 1309.453)/ 2 )
=40.2196296/1292.127
=3.11 %

where

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

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

Surge 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 )
=-21.076/( ( (1173.789 + max(-41.415, 0)) + (1206.279 + max(-45.874, 0)) )/ 2 )
=-21.076/( ( 1173.789 + 1206.279 )/ 2 )
=-21.076/1190.034
=-1.77 %

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)
=(53.193 + 0 + 12.994) - (97.489 + 0 + 10.113)
=-41.415

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.327 + 0 + 9.693) - (99.783 + 0 + 14.111)
=-45.874

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-34.538/821.749
=-4.20 %

* 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.


Surge Energy EBIT Related Terms

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Surge Energy Business Description

Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.
Executives
Jared Ducs Senior Officer
James Murray Pasieka Director
Peter Dan O'neil Senior Officer
Murray Douglas Smith Director
Margaret Ann Elekes Senior Officer
Paul Colborne Director
Robert Allen Leach Director
Carbon Infrastructure Partners Corp. 10% Security Holder
Michelle Gramatke Director
Murray Bye Senior Officer
Marion Louise Burnyeat Director
Derek Wayne Christie Senior Officer
James Leigh Stannard Senior Officer

Surge Energy Headlines

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