Amplify Energy (Amplify Energy) EBIT : $40.8 Mil (TTM As of Mar. 2024)

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What is Amplify Energy EBIT?

Amplify Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-9.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $40.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amplify Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 3.68%. Amplify Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amplify Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.36%.

Amplify Energy EBIT Historical Data

The historical data trend for Amplify 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.

Amplify Energy EBIT Chart

Amplify Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-18.39

-443.39

-19.97

72.09

161.49

Amplify Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															111.55	6.71	-12.20	55.43	-9.18

Competitive Comparison of Amplify Energy's EBIT

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

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

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

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

Amplify 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.8 Mil.

Amplify Energy (NYSE:AMPY) EBIT Explanation

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

Amplify Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	32.92 * ( 1 - 26.04% )	/	( (656.96	+	664.553)	/ 2 )
=	24.347632	/	660.7565
=	3.68 %

where

	Invested Capital		(Q: Dec. 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	))
=	737.674	-	78.962	-	( 20.746	-	max(0, 96.431	-	98.183	+	20.746	))
=	656.96

	Invested Capital		(Q: Mar. 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	))
=	712.204	-	64.635	-	( 2.989	-	max(0, 79.308	-	62.324	+	2.989	))
=	664.553

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

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

Amplify Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-36.708	/	( ( (352.497 + max(-10.983, 0))	+	(363.658 + max(-11.763, 0)) )	/	2 )
=	-36.708	/	( ( 352.497	+	363.658 )	/	2 )
=	-36.708	/	358.0775
=	-10.25 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(31.131	+	0	+	38.341)	-	(78.962	+	0	+	1.493)
=	-10.983

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(31.57	+	0	+	22.795)	-	(64.635	+	0	+	1.493)
=	-11.763

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	40.76	/	358.853
	=	11.36 %

Amplify Energy EBIT Related Terms

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Amplify Energy (Amplify Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Amplify Energy Corp (NYSE:AMPY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

2OQ:Germany 2OQ:Germany

Address

500 Dallas Street, Suite 1700, Houston, TX, USA, 77002

Website

https://www.amplifyenergy.com

Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.

Executives

Eric Edward Dulany	officer: See Remarks	C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew	officer: SVP, CHIEF FINANCIAL OFFICER	500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee	officer: SVP, CHIEF OPERATING OFFICER	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad	director	C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams	director	FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder	director	1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher	officer: SVP, CFO	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm	director	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman	director	C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley	officer: Senior V.P. Operations	500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez	officer: See Remarks	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002