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TXO Partners LP (TXO Partners LP) EV-to-EBIT : -5.74 (As of May. 08, 2024)


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What is TXO Partners LP EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TXO Partners LP's Enterprise Value is $571.3 Mil. TXO Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-99.6 Mil. Therefore, TXO Partners LP's EV-to-EBIT for today is -5.74.

The historical rank and industry rank for TXO Partners LP's EV-to-EBIT or its related term are showing as below:

TXO' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.1   Med: 5.41   Max: 1946.92
Current: -5.74

During the past 4 years, the highest EV-to-EBIT of TXO Partners LP was 1946.92. The lowest was -6.10. And the median was 5.41.

TXO's EV-to-EBIT is ranked worse than
100% of 740 companies
in the Oil & Gas industry
Industry Median: 8.67 vs TXO: -5.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TXO Partners LP's Enterprise Value for the quarter that ended in Dec. 2023 was $582.6 Mil. TXO Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-99.6 Mil. TXO Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.09%.

TXO Partners LP EV-to-EBIT Historical Data

The historical data trend for TXO Partners LP's EV-to-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.

TXO Partners LP EV-to-EBIT Chart

TXO Partners LP Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - -5.85

TXO Partners LP Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 4.75 5.61 8.77 -5.85

Competitive Comparison of TXO Partners LP's EV-to-EBIT

For the Oil & Gas E&P subindustry, TXO Partners LP'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.

TXO Partners LP's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TXO Partners LP's EV-to-EBIT falls into.


TXO Partners LP EV-to-EBIT Calculation

TXO Partners LP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=571.253/-99.564
=-5.74

TXO Partners LP's current Enterprise Value is $571.3 Mil.
TXO Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-99.6 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.

TXO Partners LP  (NYSE:TXO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

TXO Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-99.564/582.63
=-17.09 %

TXO Partners LP's Enterprise Value for the quarter that ended in Dec. 2023 was $582.6 Mil.
TXO Partners LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-99.6 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.

TXO Partners LP EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of TXO Partners LP's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

TXO Partners LP (TXO Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TXO Partners LP (NYSE:TXO) » Definitions » EV-to-EBIT
Comparable Companies
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Traded in Other Exchanges
N/A
Address
400 West 7th Street, Fort Worth, TX, USA, 76102
Website
https://www.txopartners.com
TXO Partners LP is focused on the acquisition, development, optimization and exploitation of oil, natural gas, and natural gas liquid reserves in North America.
Executives
Phillip R Kevil director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
Bob R Simpson director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Keith A Hutton director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Adams William H Iii director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Global Endowment Management, Lp 10 percent owner 224 W TREMONT AVE, CHARLOTTE NC 28203
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
King J Luther Jr director, 10 percent owner, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Brent W. Clum director, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Scott T. Agosta officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Richard Jacob Settle director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102