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Highest Return on Equity in the Oil & Gas Exploration & Production Industry Detected in Shares of Laredo Petroleum (LPI, ISRL, NFX, CNX, CRZO)

By Shiri Gupta

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Laredo Petroleum ranks highest with a ROE of 9,495.3%. Following is Isramco Inc with a ROE of 9,381.1%. Newfield Explora ranks third highest with a ROE of 2,810.0%.

Consol Energy follows with a ROE of 2,336.6%, and Carrizo Oil&Gas rounds out the top five with a ROE of 2,306.5%.

SmarTrend recommended that subscribers consider buying shares of Consol Energy on June 7th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $16.94. Since that recommendation, shares of Consol Energy have risen 3.3%. We continue to monitor Consol Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity laredo petroleum nasdaq:isrl isramco inc newfield explora consol energy carrizo oil&gas