US Energy (US Energy) ROCE % : -96.80% (As of Dec. 2023)

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What is US Energy 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. US Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was -96.80%.

US Energy ROCE % Historical Data

The historical data trend for US Energy'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.

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US Energy ROCE % Chart

US Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-6.58

-21.91

-11.45

-3.80

-36.47

US Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.00	-3.92	-10.36	-34.76	-96.80

US Energy ROCE % Calculation

US Energy'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 )
	=	-32.133	/	( ( (118.32 - 11.494)	+	(80.444 - 11.078) )	/ 2 )
	=	-32.133	/	( (106.826	+	69.366)	/ 2 )
	=	-32.133	/	88.096
	=	-36.47 %

US Energy's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-80.06	/	( ( (108.157 - 12.104)	+	(80.444 - 11.078) )	/ 2 )
	=	-80.06	/	( ( 96.053	+	69.366 )	/ 2 )
	=	-80.06	/	82.7095
	=	-96.80 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

US Energy (NAS:USEG) 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.

US Energy ROCE % Related Terms

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US Energy (US Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » US Energy Corp (NAS:USEG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UE22:Germany

Address

1616 S. Voss Rd., Suite 725, Houston, TX, USA, 77057

Website

https://www.usnrg.com

US Energy Corp is an independent energy company. It is focused on the acquisition and development of oil and natural gas-producing properties in the continental United States. It has business activities in South Texas and the Williston Basin in North Dakota. The company generates revenue from its interest in the sales of oil and natural gas production.

Executives

Randall D Keys	director	3 HICKORY SHADOWS DR, HOUSTON TX 77055
Mark L. Zajac	officer: Chief Financial Officer	70 SILVERMONT DR, THE WOODLANDS TX 77382
Wallis T Marsh	other: Member of 10% owner group	210 HERITAGE OAKS, HOUSTON TX 77024
King Oil & Gas Company, Inc.	other: Members of 10% owner group	9821 KATY FREEWAY, SUITE 805, HOUSTON TX 77024
Wdm Family Partnership, Lp	10 percent owner	210 HERITAGE OAKS LN, HOUSTON TX 77024
Katla Energy Holdings Llc	10 percent owner	1616 S VOSS RD, #530, HOUSTON TX 77057
Synergy Offshore Llc	10 percent owner, other: Member of 10% owner group	9821 KATY FREEWAY, SUITE 805, HOUSTON TX 77024
Benjamin Andrew Stamets	10 percent owner, other: Member of 10% owner group	2121 SAGE ROAD, SUITE 325, HOUSTON TX 77056
Lubbock Energy Partners Llc	10 percent owner, other: Member of 10% owner group	1616 S. VOSS RD.,, STE 530, HOUSTON TX 77057
Lee Hightower	10 percent owner, other: Member of 10% owner group	9821 KATY FREEWAY, SUITE 805, HOUSTON TX 77024
Duane H King	director, 10 percent owner, other: Member of 10% owner group	9821 KATY FREEWAY, SUITE 805, HOUSTON TX 77024
Llano Energy Llc	other: Member of 10% owner group	2121 SAGE ROAD, SUITE 325, HOUSTON TX 77056
Banner Oil & Gas, Llc	10 percent owner, other: Member of 10% owner group	2121 SAGE ROAD, SUITE 325, HOUSTON TX 77056
Joshua Lane Batchelor	director, 10 percent owner, other: Member of 10% owner group	2121 SAGE ROAD, SUITE 325, HOUSTON TX 77056
John A Weinzierl	director, 10 percent owner, other: Member of 10% owner group	MEMORIAL RESOURCE DEVELOPMENT, LLC, 1301 MCKINNEY STREET, SUITE 2100, HOUSTON TX 77010