• Return to Headlines

Laredo Petroleum is Among the Companies in the Oil & Gas Exploration & Production Industry With the Highest Return on Equity (LPI, ISRL, NFX, CNX, CRZO)

By David Diaz

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 Isramco Inc on May 24th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $107.00. Since that recommendation, shares of Isramco Inc have risen 10.9%. We continue to monitor Isramco Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): LPI ISRL NFX CNX CRZO