Petroleum and Natural Gas Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1DMLP Dorchester Minerals LP
0.24
(0.08)
 1.28 
(0.10)
2BSM Black Stone Minerals
0.14
 0.14 
 1.20 
 0.17 
3EQNR Equinor ASA ADR
0.13
 0.12 
 2.03 
 0.25 
4VIST Vista Oil Gas
0.11
(0.04)
 3.21 
(0.14)
5EOG EOG Resources
0.11
 0.08 
 1.56 
 0.13 
6MTDR Matador Resources
0.0965
(0.01)
 2.42 
(0.02)
7EGY Vaalco Energy
0.0954
(0.03)
 2.83 
(0.10)
8DVN Devon Energy
0.0931
 0.15 
 2.15 
 0.32 
9SM SM Energy Co
0.0899
(0.11)
 2.80 
(0.30)
10COP ConocoPhillips
0.084
 0.07 
 1.79 
 0.12 
11EC Ecopetrol SA ADR
0.0801
 0.22 
 2.46 
 0.55 
12VNOM Viper Energy Ut
0.0799
(0.03)
 1.99 
(0.06)
13CRC California Resources Corp
0.0764
(0.09)
 2.28 
(0.21)
14CNQ Canadian Natural Resources
0.0753
 0.05 
 1.65 
 0.09 
15APA APA Corporation
0.0747
(0.01)
 2.51 
(0.02)
16PR Permian Resources
0.0729
 0.04 
 2.36 
 0.09 
17HPKEW HighPeak Energy
0.0687
(0.08)
 11.64 
(0.90)
18SU Suncor Energy
0.0648
 0.11 
 1.62 
 0.18 
19NE Noble plc
0.0646
(0.10)
 2.64 
(0.28)
20FANG Diamondback Energy
0.0634
 0.04 
 1.87 
 0.07 
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 Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.