Ultra Petroleum Ret. on equity
What is the Ret. on equity of Ultra Petroleum?
The Ret. on equity of Ultra Petroleum Corp. is -12.49%
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 NYSEMKT compared to Ultra Petroleum
What does Ultra Petroleum do?
Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyomingthe Pinedale and Jonah fields. As of December 31, 2018, the company owned interests in approximately 114,000 gross acres in Wyoming. The company was founded in 1979 and is headquartered in Englewood, Colorado.
Companies with ret. on equity similar to Ultra Petroleum
- Boadicea Resources Ltd has Ret. on equity of -12.53%
- Perceptron has Ret. on equity of -12.52%
- Rainy Mountain Royalty has Ret. on equity of -12.52%
- Lyft Cl.A ,00001 has Ret. on equity of -12.50%
- Lyft Inc has Ret. on equity of -12.49%
- Youfoodz has Ret. on equity of -12.49%
- Ultra Petroleum has Ret. on equity of -12.49%
- Neuberger Berman California Municipal Fund Inc has Ret. on equity of -12.49%
- Cannindah Resources has Ret. on equity of -12.48%
- Mahindra Lifespace Developers has Ret. on equity of -12.48%
- TIL has Ret. on equity of -12.47%
- John Hancock Income Securities Trust has Ret. on equity of -12.47%
- Sesen Bio has Ret. on equity of -12.47%