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Atlas Resource Partners LP (Atlas Resource Partners LP) ROE % : -808.80% (As of Sep. 2017)


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What is Atlas Resource Partners LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Atlas Resource Partners LP's annualized net income for the quarter that ended in Sep. 2017 was $-70.20 Mil. Atlas Resource Partners LP's average Total Stockholders Equity over the quarter that ended in Sep. 2017 was $8.68 Mil. Therefore, Atlas Resource Partners LP's annualized ROE % for the quarter that ended in Sep. 2017 was -808.80%.

The historical rank and industry rank for Atlas Resource Partners LP's ROE % or its related term are showing as below:

ARPPQ.PFD' s ROE % Range Over the Past 10 Years
Min: -188.03   Med: -9.59   Max: 58.24
Current: 58.24

During the past 8 years, Atlas Resource Partners LP's highest ROE % was 58.24%. The lowest was -188.03%. And the median was -9.59%.

ARPPQ.PFD's ROE % is not ranked
in the Oil & Gas industry.
Industry Median: 7.88 vs ARPPQ.PFD: 58.24

Atlas Resource Partners LP ROE % Historical Data

The historical data trend for Atlas Resource Partners LP's ROE % 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.

Atlas Resource Partners LP ROE % Chart

Atlas Resource Partners LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
Get a 7-Day Free Trial -7.87 -9.36 -60.26 -187.46 -

Atlas Resource Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
ROE % 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 - - 1,600.18 -73.88 -808.80

Competitive Comparison of Atlas Resource Partners LP's ROE %

For the Oil & Gas E&P subindustry, Atlas Resource Partners LP's ROE %, along with its competitors' market caps and ROE % 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.


Atlas Resource Partners LP's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas Resource Partners LP's ROE % distribution charts can be found below:

* The bar in red indicates where Atlas Resource Partners LP's ROE % falls into.



Atlas Resource Partners LP ROE % Calculation

Atlas Resource Partners LP's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=0/( (-84.628+-6.941)/ 2 )
=0/-45.7845
=N/A %

Atlas Resource Partners LP's annualized ROE % for the quarter that ended in Sep. 2017 is calculated as

ROE %=Net Income (Q: Sep. 2017 )/( (Total Stockholders Equity (Q: Jun. 2017 )+Total Stockholders Equity (Q: Sep. 2017 ))/ count )
=-70.2/( (17.42+-0.061)/ 2 )
=-70.2/8.6795
=-808.80 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2017) net income data. ROE % is displayed in the 30-year financial page.


Atlas Resource Partners LP  (OTCPK:ARPPQ.PFD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-70.2/8.6795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.2 / 197.684)*(197.684 / 666.7875)*(666.7875 / 8.6795)
=Net Margin %*Asset Turnover*Equity Multiplier
=-35.51 %*0.2965*76.8233
=ROA %*Equity Multiplier
=-10.53 %*76.8233
=-808.80 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-70.2/8.6795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-70.2 / -79.632) * (-79.632 / 21.856) * (21.856 / 197.684) * (197.684 / 666.7875) * (666.7875 / 8.6795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8816 * -3.6435 * 11.06 % * 0.2965 * 76.8233
=-808.80 %

Note: The net income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Atlas Resource Partners LP ROE % Related Terms

Thank you for viewing the detailed overview of Atlas Resource Partners LP's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Resource Partners LP (Atlas Resource Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.
Executives
Christopher Kenneth Walker officer: Chief Operating Officer 425 HOUSTON STREET, FORT WORTH TX 76102
Steven J Pully director 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Foxfields Funding Llc 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael C. Forman 10 percent owner CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Zachary Klehr 10 percent owner C/O FRANKLIIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Fs Investment Corp Ii 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fsic Ii Advisor, Llc 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Gso Energy Market Opportunities Fund Lp 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Energy Market Opportunities Associates Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gerald Stahlecker 10 percent owner CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Fsic Iii Advisor, Llc 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael C Watchorn director NES RENTALS HOLDINGS INC, 8770 W BRYN MAWR, CHICAGO IL 60631
Gso / Blackstone Debt Funds Management Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Fs Energy & Power Fund 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fs Investment Advisor, Llc 10 percent owner 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112

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