Jericho Energy Ventures Inc
XTSX:JEV
ROCE
Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.
Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.
Peer Comparison
| Country | Company | Market Cap | ROCE | ||
|---|---|---|---|---|---|
| CA |
|
Jericho Energy Ventures Inc
XTSX:JEV
|
28.9m CAD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
961.8B CNY |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
137.3B USD |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
114.8B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
64B USD |
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|
|
| PK |
O
|
Oil and Gas Development Co Ltd
LSE:37OC
|
59.6B USD |
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|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
48.4B USD |
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|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
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|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
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|
|
| US |
|
EQT Corp
NYSE:EQT
|
35.3B USD |
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|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
50.2B AUD |
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Market Distribution
| Min | -126 783.8% |
| 30th Percentile | -30.1% |
| Median | -5.8% |
| 70th Percentile | 6.9% |
| Max | 3 268 000% |
Other Profitability Ratios
Jericho Energy Ventures Inc
Glance View
Jericho Energy Ventures, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas fields. The company is headquartered in Vancouver, British Columbia and currently employs 25 full-time employees. The company went IPO on 2012-05-29. The firm invests in hydrogen technologies, energy storage, carbon capture and new energy systems. The Company’ investments include Hydrogen Technologies Inc and Eagle Road Oil, LLC. The Hydrogen Technologies Inc technology offers a zero-emission energy solution for the commercial and industrial boiler market. The Eagle Road Oil, LLC is focused on domestic resource plays which is located in Tulsa, Oklahoma.
See Also
ROCE is calculated by dividing the EBIT by the Avg Capital Employed.
The current ROCE for Jericho Energy Ventures Inc is -50%, which is below its 3-year median of -38.6%.
Over the last 3 years, Jericho Energy Ventures Inc’s ROCE has decreased from -34.3% to -50%. During this period, it reached a low of -51.5% on Sep 30, 2023 and a high of -25.4% on Dec 31, 2023.
