Victoria Oil & Gas Plc Ret. on equity
What is the Ret. on equity of Victoria Oil & Gas Plc?
The Ret. on equity of Victoria Oil & Gas Plc is -200.40%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Energy sector on LSE compared to Victoria Oil & Gas Plc
What does Victoria Oil & Gas Plc do?
Victoria Oil & Gas Plc engages in the exploration, development, and production of oil and gas in in West Africa and Russia. The company holds 57% interest in the Logbaba gas and condensate project, which covers an area of 20 square kilometers located in Cameroon; and 75% interest in the Matanda Block covering an area of 1,235 square kilometers located in Cameroon. It also delivers gas to grid power, thermal, and industrial power customers through its 51 km gas distribution pipeline network in Douala. In addition, the company is involved in the development, production, and the sale of hydrocarbons and related activities. Victoria Oil & Gas Plc was incorporated in 2004 and is based in London, the United Kingdom.
Companies with ret. on equity similar to Victoria Oil & Gas Plc
- Zacatecas Silver has Ret. on equity of -200.87%
- Atreca Inc has Ret. on equity of -200.73%
- Dropbox has Ret. on equity of -200.65%
- Dropbox Inc Cl. A has Ret. on equity of -200.65%
- Dropbox Inc has Ret. on equity of -200.65%
- Etsy has Ret. on equity of -200.63%
- Victoria Oil & Gas Plc has Ret. on equity of -200.40%
- Elys Game Technology has Ret. on equity of -200.37%
- Predictive Oncology has Ret. on equity of -200.05%
- Obocon has Ret. on equity of -200.00%
- Obocon has Ret. on equity of -200.00%
- Aqua Bio Technology ASA has Ret. on equity of -199.87%
- Shenzhen Mingwah Aohan High Technology has Ret. on equity of -199.75%