Petroleum and Natural Gas Companies By Roe

Return On Equity
ROEEfficiencyMarket RiskExp Return
1APA APA Corporation
0.62
(0.11)
 2.85 
(0.31)
2DMLP Dorchester Minerals LP
0.4
 0.16 
 1.27 
 0.20 
3VIST Vista Oil Gas
0.39
 0.06 
 2.89 
 0.18 
4BSM Black Stone Minerals
0.32
 0.10 
 1.02 
 0.11 
5HES Hess Corporation
0.29
 0.09 
 1.30 
 0.11 
6HAL Halliburton
0.26
 0.03 
 1.98 
 0.07 
7DVN Devon Energy
0.26
(0.12)
 1.72 
(0.21)
8DEC Diversified Energy
0.26
 0.19 
 2.30 
 0.45 
9EOG EOG Resources
0.25
 0.04 
 1.68 
 0.06 
10SM SM Energy Co
0.22
 0.00 
 2.56 
 0.01 
11EC Ecopetrol SA ADR
0.21
(0.17)
 1.89 
(0.33)
12COP ConocoPhillips
0.2
(0.03)
 1.87 
(0.06)
13EQNR Equinor ASA ADR
0.2
(0.05)
 2.03 
(0.11)
14VTLE Vital Energy
0.19
(0.03)
 3.56 
(0.12)
15EGY Vaalco Energy
0.19
(0.11)
 2.59 
(0.29)
16CRC California Resources Corp
0.19
 0.09 
 2.20 
 0.21 
17CNQ Canadian Natural Resources
0.19
(0.04)
 1.77 
(0.08)
18SU Suncor Energy
0.18
 0.02 
 1.62 
 0.03 
19PR Permian Resources
0.17
 0.09 
 2.05 
 0.19 
20VNOM Viper Energy Ut
0.16
 0.11 
 2.18 
 0.24 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
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. 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.