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Chesapeake Energy (Chesapeake Energy) EBIT : $1,451 Mil (TTM As of Mar. 2024)


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What is Chesapeake Energy EBIT?

Chesapeake Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,451 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chesapeake Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 1.35%. Chesapeake Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chesapeake Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 147.91%.


Chesapeake Energy EBIT Historical Data

The historical data trend for Chesapeake 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.

Chesapeake Energy EBIT Chart

Chesapeake Energy 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 12.00 -9,293.00 - 3,814.00 3,229.00

Chesapeake 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 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 1,832.00 543.00 96.00 758.00 54.00

Competitive Comparison of Chesapeake Energy's EBIT

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


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

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

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



Chesapeake 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 $1,451 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.


Chesapeake Energy  (OTCPK:CHKAQ) EBIT Explanation

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

Chesapeake 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 )
=212 * ( 1 - 21.21% )/( (12538 + 12238)/ 2 )
=167.0348/12388
=1.35 %

where

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

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

Chesapeake 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 )
=216/( ( (10097 + max(80, 0)) + (10057 + max(91, 0)) )/ 2 )
=216/( ( 10177 + 10148 )/ 2 )
=216/10162.5
=2.13 %

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)
=(406 + 0 + 904) - (759 + 8 + 463)
=80

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(165 + 0 + 885) - (601 + 5 + 353)
=91

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1451/981.031
=147.91 %

* 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.


Chesapeake Energy EBIT Related Terms

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Chesapeake Energy (Chesapeake Energy) Business Description

Traded in Other Exchanges
Address
6100 North Western Avenue, Oklahoma City, OK, USA, 73118
Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Executives
Robert D. Lawler director, officer: CEO 6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Frank J. Patterson officer: EVP-Exploration & Production C/O CHESAPEAKE ENERGY CORPORATION, 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Luke R Corbett director P O BOX 321, OKLAHOMA CITY OK 73101
William M Buergler officer: SVP & Chief Accounting Officer 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Thomas L Ryan director 1929 ALLEN PARKWAY, HOUSTON TX 77219
R Brad Martin director
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
G.f.w. Energy Xi, L.p. 10 percent owner 2850 NORTH HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Scott Gieselman director REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
David W Hayes director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Gloria R. Boyland director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Leslie Starr Keating director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mark A Edmunds director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Miller Merrill A Jr director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
M. Jason Pigott officer: EVP - Operations 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118