RRRP3 Financial Statements From 2010 to 2024
| RRRP3 Stock | BRL 16.26 0.59 3.50% |
Check 3R Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3R Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . RRRP3 financial statements analysis is a perfect complement when working with 3R Petroleum Valuation or Volatility modules.
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3R Petroleum leo Company Return On Equity Analysis
3R Petroleum's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current 3R Petroleum Return On Equity | 0.0061 |
Most of 3R Petroleum's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 3R Petroleum leo is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, 3R Petroleum leo has a Return On Equity of 0.0061. This is 100.31% lower than that of the Energy sector and 99.66% lower than that of the Oil & Gas E&P industry. The return on equity for all Brazil stocks is 101.97% lower than that of the firm.
3R Petroleum leo Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 3R Petroleum's current stock value. Our valuation model uses many indicators to compare 3R Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 3R Petroleum competition to find correlations between indicators driving 3R Petroleum's intrinsic value. More Info.3R Petroleum leo is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 6.61 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 3R Petroleum's earnings, one of the primary drivers of an investment's value.About 3R Petroleum Financial Statements
3R Petroleum shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although 3R Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in 3R Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on 3R Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
3R Petroleum leo e Gs S.A. engages in the exploration and production of oil and natural gas in Brazil. It holds portfolio of assets located in the Potiguar Basin that includes the Poles Macau, Pescada Arabaiana, and Fazenda Belm in the Recncavo Basin, which comprises the Rio Ventura and Recncavo in the Esprito Santo Basin that consist of the Polo Pero and in the Campos Basin that include Papa-Terra. 3R Petroleum leo e Gs S.A. was incorporated in 2010 and is headquartered in Rio de Janeiro, Brazil. 3R PETROLEUMON operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for RRRP3 Stock Analysis
When running 3R Petroleum's price analysis, check to measure 3R Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3R Petroleum is operating at the current time. Most of 3R Petroleum's value examination focuses on studying past and present price action to predict the probability of 3R Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3R Petroleum's price. Additionally, you may evaluate how the addition of 3R Petroleum to your portfolios can decrease your overall portfolio volatility.