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Riley Exploration Permian (Riley Exploration Permian) ROCE % : 15.46% (As of Mar. 2024)


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What is Riley Exploration Permian ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Riley Exploration Permian's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.46%.


Riley Exploration Permian ROCE % Historical Data

The historical data trend for Riley Exploration Permian's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riley Exploration Permian ROCE % Chart

Riley Exploration Permian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.26 -55.65 -19.50 40.53 27.12

Riley Exploration Permian Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.99 31.54 10.50 27.57 15.46

Riley Exploration Permian ROCE % Calculation

Riley Exploration Permian's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=174.979/( ( (515.294 - 76.305) + (945.711 - 94.345) )/ 2 )
=174.979/( (438.989+851.366)/ 2 )
=174.979/645.1775
=27.12 %

Riley Exploration Permian's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=132.052/( ( (945.711 - 94.345) + (956.366 - 99.756) )/ 2 )
=132.052/( ( 851.366 + 856.61 )/ 2 )
=132.052/853.988
=15.46 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Riley Exploration Permian  (AMEX:REPX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Riley Exploration Permian ROCE % Related Terms

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Riley Exploration Permian (Riley Exploration Permian) Business Description

Traded in Other Exchanges
Address
29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104
Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, Tennessee Properties, among others.
Executives
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Riley Exploration Group, Llc 10 percent owner 2008 NORTH COUNCIL AVE, BLANCHARD OK 73010
Bobby Riley director, officer: CHIEF EXECUTIVE OFFICER 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
Alvin Gerald Libin 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Kevin Riley officer: PRESIDENT 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
E Wayne Nordberg director C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170
Brent Alexander Arriaga director 12330 BROKEN BOUGH DR, HOUSTON TX 77024
Philip A Riley officer: EVP STRATEGY 919 MILAM STREET, SUITE 550, HOUSTON TX 77005
Riley Corey Neil officer: EVP BUSINESS INTELLIGENCE 4430 CRITTENDEN DRIVE, NORMAN OK 73072
Rebecca L Bayless director 18 MAYMONT WAY, THE WOODLANDS TX 77382
Balmon Investments Ltd. 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Estate Of Antonie Vandenbrink 10 percent owner 59 BELAIRE PLACE SW, CALGARY A0 T2V2C3
Di Santo Beth A director 170 CHRISTOPHER STREET, NEW YORK NY 10014
Amber Bonney officer: Chief Accounting Officer 914 N. BROADWAY, SUITE 230, OKLAHOMA CITY OK 73102
Texel Resources Inc. 10 percent owner 59 BELAIRE PLACE SW, CALGARY A0 T2V2C3