POGS (Pioneer Oil & Gas) ROCE %: 195.20% (As of Jun. 2005)


What is Pioneer Oil & Gas ROCE %?

Pioneer Oil & Gas POGS -37.34% ROCE % is 195.20% as of Jun. 2005.

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. Pioneer Oil & Gas's annualized ROCE % for the quarter that ended in Jun. 2005 was 195.20%.

Pioneer Oil & Gas  (OTCPK:POGS) 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.

Pioneer Oil & Gas ROCE % Related Terms

Pioneer Oil & Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas ROCE % Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
ROCE %
-0.95 3.21 -13.59 70.53 39.75

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 46.18 85.26 40.59 300.84 195.20

Pioneer Oil & Gas ROCE % Calculation

Pioneer Oil & Gas's annualized ROCE % for the fiscal year that ended in Sep. 2004 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2004 )  (A: Sep. 2003 )(A: Sep. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2004 )  (A: Sep. 2003 )(A: Sep. 2004 )
=0.542/( ( (1.182 - 0.147) + (2.385 - 0.693) )/ 2 )
=0.542/( (1.035+1.692)/ 2 )
=0.542/1.3635
=39.75 %

Pioneer Oil & Gas's ROCE % of for the quarter that ended in Jun. 2005 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=9.524/( ( (4.441 - 0.255) + (7.659 - 2.087) )/ 2 )
=9.524/( ( 4.186 + 5.572 )/ 2 )
=9.524/4.879
=195.20 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2005) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 195.20% mean?
Pioneer Oil & Gas (POGS) has a ROCE % of 195.20% as of Jun. 2005.
Is Pioneer Oil & Gas' ROCE % too high?
Pioneer Oil & Gas' current ROCE % is 195.20%. The Oil & Gas industry median ROCE % is 6.79. Pioneer Oil & Gas' value of 195.20% is 2774.8% above this industry median.
How does Pioneer Oil & Gas' ROCE % compare to ECT and TRNX?
Pioneer Oil & Gas' ROCE % of 195.20% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Pioneer Oil & Gas' value of 195.20% is 2774.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Oil & Gas's current ROCE % of 195.20% is 2774.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Oil & Gas's current ROCE % is 195.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current ROCE % of 195.20%. The current ROCE % is 195.20% and 2774.8% above the Oil & Gas industry median of 6.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Pioneer Oil & Gas (POGS), the current ROCE % is 195.20% as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.