GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rex Energy Corp (OTCPK:RXNRQ.PFD) » Definitions » ROA %

RXNRQ.PFD (Rex Energy) ROA % : -1.10% (As of Jun. 2018)


View and export this data going back to 2014. Start your Free Trial

What is Rex Energy ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rex Energy's annualized Net Income for the quarter that ended in Jun. 2018 was $-10.74 Mil. Rex Energy's average Total Assets over the quarter that ended in Jun. 2018 was $978.73 Mil. Therefore, Rex Energy's annualized ROA % for the quarter that ended in Jun. 2018 was -1.10%.

The historical rank and industry rank for Rex Energy's ROA % or its related term are showing as below:

RXNRQ.PFD' s ROA % Range Over the Past 10 Years
Min: -29.37   Med: -4.63   Max: 6.62
Current: -13.8

During the past 13 years, Rex Energy's highest ROA % was 6.62%. The lowest was -29.37%. And the median was -4.63%.

RXNRQ.PFD's ROA % is not ranked
in the Oil & Gas industry.
Industry Median: 2.08 vs RXNRQ.PFD: -13.80

Rex Energy ROA % Historical Data

The historical data trend for Rex Energy's ROA % 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.

Rex Energy ROA % Chart

Rex Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -3.90 -29.37 -17.98 -7.00

Rex Energy Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
ROA % 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 -4.31 -20.65 -4.69 -29.28 -1.10

Competitive Comparison of Rex Energy's ROA %

For the Oil & Gas E&P subindustry, Rex Energy's ROA %, along with its competitors' market caps and ROA % 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.


Rex Energy's ROA % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rex Energy's ROA % distribution charts can be found below:

* The bar in red indicates where Rex Energy's ROA % falls into.


;
;

Rex Energy ROA % Calculation

Rex Energy's annualized ROA % for the fiscal year that ended in Dec. 2017 is calculated as:

ROA %=Net Income (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=-64.242/( (893.923+942.137)/ 2 )
=-64.242/918.03
=-7.00 %

Rex Energy's annualized ROA % for the quarter that ended in Jun. 2018 is calculated as:

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=-10.736/( (964.939+992.519)/ 2 )
=-10.736/978.729
=-1.10 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2018) net income data. ROA % is displayed in the 30-year financial page.


Rex Energy  (OTCPK:RXNRQ.PFD) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2018 )
=Net Income/Total Assets
=-10.736/978.729
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.736 / 300.632)*(300.632 / 978.729)
=Net Margin %*Asset Turnover
=-3.57 %*0.3072
=-1.10 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Rex Energy ROA % Related Terms

Thank you for viewing the detailed overview of Rex Energy's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rex Energy Business Description

Traded in Other Exchanges
N/A
Address
366 Walker Drive, State College, PA, USA, 16801
Rex Energy Corp is a US-based independent condensate, NGL (Natural Gas Liquids) and natural gas company operating in the Appalachian Basin. The company focuses on natural gas and natural gas liquids production as well as on drilling and exploration activities in the Marcellus Shale, Utica Shale, and Upper Devonian Shale. The exploration properties of the company include the Appalachian Basin which includes the states of Kentucky, Maryland, New York, Ohio, Pennsylvania, Virginia, West Virginia and Tennessee.
Executives
Robert W Ovitz officer: Chief Operating Officer 366 WALKER DRIVE, STATE COLLEGE PA 16801
Jack N Aydin director 6 DEFOREST CORT, W. NYACK NY 10094
Thomas Rajan officer: CFO 366 WALKER DRIVE, STATE COLLEGE PA 16801
Todd N. Tipton director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Michael L Hodges officer: CFO C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Curtis J Walker officer: Chief Accounting Officer C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
F Scott Hodges officer: Sr. VP, Land C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Christina K Marshall officer: Sr. VP, HR & Admin. C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Jennifer L Mcdonough officer: VP, General Counsel and Secr. C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
David E Pratt officer: Sr. VP of Exploration C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
John J Zak director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Patrick M Mckinney officer: Exec. VP and COO C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Eric L Mattson director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Timothy Paul Beattie officer: S VP & Appalachian Dist Man REX ENERGY CORPORATION, 476 ROLLING RIDGE DRIVE, SUITE 300, STATE COLLEGE PA 16801
Bryan James Clayton officer: Vice President & Ill Dist Man C/O REX ENERGY CORPORATION, 476 ROLLING RIDGE DRIVE, STATE COLLEGE PA 16801

Rex Energy Headlines

From GuruFocus

Rex Energy Corp. (REXX) CFO Thomas Charles Stabley buys 1,500 Shares

By GuruFocus Research GuruFocus Editor 11-24-2009

Rex Energy Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-06-2009

First Eagle Investments Comments on Rex Energy Corp

By Holly LaFon Holly LaFon 10-24-2016

Rex Energy Corp. (REXX) Exec. VP and COO Patrick M Mckinney buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 02-22-2011

Rex Energy Corp. (REXX) CFO Thomas Charles Stabley buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 02-22-2011

Rex Energy A Must Buy

By reports.droy reports.droy 01-27-2015