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OQ Exploration and ProductionMUS:OQEP +1.31%31 Return-on-Tangible-Asset is 18.65% as of Mar. 2026, which is 4% above its 10-year median of 17.94. GuruFocus rates MUS:OQEP with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,038 Oil & Gas companies, OQ Exploration and Production ranks better than 93.93% on this metric.
The historical rank and industry rank for OQ Exploration and Production's Return-on-Tangible-Asset or its related term are showing as below:
MUS:OQEP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 17.5 Med: 17.94 Max: 30.3
Current: 17.5
During the past 3 years, OQ Exploration and Production's highest Return-on-Tangible-Asset was 30.30%. The lowest was 17.50%. And the median was 17.94%.
MUS:OQEP's Return-on-Tangible-Asset is ranked better than 93.93% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.265
vs MUS:OQEP: 17.50
OQ Exploration and Production (MUS:OQEP) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
OQ Exploration and Production Return-on-Tangible-Asset Related Terms
OQ Exploration and Production Return-on-Tangible-Asset Historical 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.
OQ Exploration and Production Return-on-Tangible-Asset Chart
MUS:OQEP vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, OQ Exploration and Production's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OQ Exploration and Production Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, OQ Exploration and Production's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OQ Exploration and Production's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.65% mean?
OQ Exploration and Production (MUS:OQEP) has a Return-on-Tangible-Asset of 18.65% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on OQ Exploration and Production and its competitors. This is near median its historical median of 17.94. Over the past decade, OQ Exploration and Production's Return-on-Tangible-Asset has ranged from 17.50 to 30.30. According to the industry distribution chart, OQ Exploration and Production ranks #63 out of 1038 companies in the Oil & Gas industry, placing it in the top 6.1%.
Is OQ Exploration and Production's Return-on-Tangible-Asset too high?
OQ Exploration and Production's current Return-on-Tangible-Asset of 18.65% is near median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 17.50 to a high of 30.30. The Oil & Gas industry median Return-on-Tangible-Asset is 2.27. OQ Exploration and Production's value of 18.65% is 723.4% above this industry median. Based on the distribution chart, OQ Exploration and Production ranks #63 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, OQ Exploration and Production has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does OQ Exploration and Production's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, OQ Exploration and Production ranks #63 out of 1038 companies for Return-on-Tangible-Asset. This places OQ Exploration and Production in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.27. OQ Exploration and Production's value of 18.65% is 723.4% above this benchmark. Historically, OQ Exploration and Production's own Return-on-Tangible-Asset has ranged from 17.50 to 30.30 over the past decade. While the company's 10-year median is 17.94 vs. the industry median of 2.27, OQ Exploration and Production has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.27, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OQ Exploration and Production's current Return-on-Tangible-Asset of 18.65% is 723.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on OQ Exploration and Production and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OQ Exploration and Production's current Return-on-Tangible-Asset is 18.65%, which is near median its own 10-year median of 17.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Exploration and Production stock overvalued right now?
OQ Exploration and Production (MUS:OQEP) has a current Return-on-Tangible-Asset of 18.65%. The current Return-on-Tangible-Asset is 18.65%, which is near median its 10-year median of 17.94 and 723.4% above the Oil & Gas industry median of 2.27. OQ Exploration and Production's overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For OQ Exploration and Production (MUS:OQEP), the current Return-on-Tangible-Asset is 18.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
OQ Exploration and Production is engaged in identifying, acquiring, managing, and operating interests in petroleum and other related enterprises. The company reports across two operating segments: blocks operated by OQEP and blocks operated by other entities. The company generates majority of revenue from blocks operated by other entities.
31GF Score
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