Noble Ret. on equity
What is the Ret. on equity of Noble?
The Ret. on equity of Noble Energy, Inc. is -86.15%
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 NASDAQ compared to Noble
What does Noble do?
Noble Energy, Inc. operates as an exploration and production company. It engages in the acquisition, exploration and development of crude oil and natural gas. The firm operates through the following geographical segments: United States, Eastern Mediterranean, West Africa, Other International and Midstream. The United States segment consists of U.S. onshore and Gulf of Mexico. The Eastern Mediterranean segment includes Israel and Cyprus. The West Africa segment comprises of Equatorial Guinea, Cameroon, and Gabon. The Other International segment is composed of Newfoundland, Suriname, and other new ventures. The Midstream segment owns, operates, develops, and acquires domestic midstream infrastructure assets with current focus areas being the DJ and Delaware Basins. The company was founded by Lloyd Noble in 1932 and is headquartered in Houston, TX.
Companies with ret. on equity similar to Noble
- Amesite has Ret. on equity of -86.29%
- MeiraGTx plc has Ret. on equity of -86.28%
- MAX21 AG has Ret. on equity of -86.26%
- Lakshmi Precision Screws has Ret. on equity of -86.24%
- Kepler Acquisition has Ret. on equity of -86.22%
- Amplitude Healthcare Acquisition Corp has Ret. on equity of -86.18%
- Noble has Ret. on equity of -86.15%
- DigiCrypts Blockchain Solutions has Ret. on equity of -86.14%
- Odonate Therapeutics Inc has Ret. on equity of -86.14%
- cbdMD has Ret. on equity of -86.07%
- RAPT Therapeutics has Ret. on equity of -86.04%
- Ecc Ventures 3 Corp has Ret. on equity of -86.00%
- Enphys Acquisition has Ret. on equity of -85.92%