Whiting USA Trust II Ret. on equity
What is the Ret. on equity of Whiting USA Trust II?
The Ret. on equity of Whiting USA Trust II is 1,132.01%
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 OTC compared to Whiting USA Trust II
What does Whiting USA Trust II do?
Whiting USA Trust II holds a term net profits interest in the oil and gas producing properties located in the Permian Basin, Rocky Mountains, Gulf Coast, and Mid-Continent regions of the United States. Its oil and gas properties include interests in approximately 364.1 net producing oil and natural gas wells located in 42 predominately mature fields with established production profiles in 8 states. The company was founded in 2011 and is based in Houston, Texas. Whiting USA Trust II is a subsidiary of Whiting Petroleum Corporation.
Companies with ret. on equity similar to Whiting USA Trust II
- Fluence has Ret. on equity of 1,092.99%
- Calamp has Ret. on equity of 1,100.92%
- Renalytix AI plc has Ret. on equity of 1,102.87%
- Quantum Cobalt has Ret. on equity of 1,104.36%
- Vaccinex Inc has Ret. on equity of 1,111.72%
- Starlite Components has Ret. on equity of 1,118.29%
- Whiting USA Trust II has Ret. on equity of 1,132.01%
- Bull Horn has Ret. on equity of 1,163.58%
- Amerisource Bergen has Ret. on equity of 1,169.15%
- Zelira Therapeutics has Ret. on equity of 1,187.66%
- Antalis Ventures has Ret. on equity of 1,189.71%
- Colgate-Palmolive Co has Ret. on equity of 1,192.03%
- Sanwaria Consumer has Ret. on equity of 1,200.42%