/
Crude petroleum & natural gas company · DE · FY ends Dec · Revenue $15.22B · -1.91% margin
Operating margin is thin at 8.43%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 35.8%, still solid. Margins contracted 31.3pp, which offsets some of the top-line progress.
ROIC dropped from 9.72% to 1.84%, capital efficiency is deteriorating. Operating margin contracted 31.3pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$15.22B
▲ +35.8% YoY
Net Income (TTM)
$198M
▼ -50.1% YoY
Op. Margin
-1.91%
▼ -31.3pp YoY
ROIC
-0.44%
▼ -7.9pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$8.23B
▲ +36.6% YoY
Net Debt
$13.72B
Cash & Equiv.
$174M
5Y CAGR: +39.8%
Continue Research