Premier Oil Plc Ret. on equity
What is the Ret. on equity of Premier Oil Plc?
The Ret. on equity of Premier Oil Plc is 6.46%
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 Premier Oil Plc
What does Premier Oil Plc do?
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
Companies with ret. on equity similar to Premier Oil Plc
- SL Green Realty has Ret. on equity of 6.45%
- Brookline has Ret. on equity of 6.45%
- Stealth Global has Ret. on equity of 6.46%
- Fiserv has Ret. on equity of 6.46%
- Kraken Robotics has Ret. on equity of 6.46%
- Andrew Yule has Ret. on equity of 6.46%
- Premier Oil Plc has Ret. on equity of 6.46%
- The City of London Investment Trust Plc has Ret. on equity of 6.46%
- NACL Industries has Ret. on equity of 6.46%
- Altra Industrial Motion Corp has Ret. on equity of 6.46%
- Transmetro has Ret. on equity of 6.47%
- China Aircraft Leasing has Ret. on equity of 6.47%
- VCREDIT has Ret. on equity of 6.47%