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Pioneer Energy Services (FRA:YGO) ROE % : 0.00% (As of Jun. 2020)


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What is Pioneer Energy Services ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pioneer Energy Services's annualized net income for the quarter that ended in Jun. 2020 was €0.0 Mil. Pioneer Energy Services's average Total Stockholders Equity over the quarter that ended in Jun. 2020 was €73.3 Mil. Therefore, Pioneer Energy Services's annualized ROE % for the quarter that ended in Jun. 2020 was 0.00%.

The historical rank and industry rank for Pioneer Energy Services's ROE % or its related term are showing as below:

FRA:YGO's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.585
* Ranked among companies with meaningful ROE % only.

Pioneer Energy Services ROE % Historical Data

The historical data trend for Pioneer Energy Services'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.

Pioneer Energy Services ROE % Chart

Pioneer Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.78 -41.88 -28.57 -26.71 -48.18

Pioneer Energy Services Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -35.79 -83.93 -36.03 -398.31 -

Competitive Comparison of Pioneer Energy Services's ROE %

For the Oil & Gas Drilling subindustry, Pioneer Energy Services'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.


Pioneer Energy Services's ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pioneer Energy Services's ROE % falls into.



Pioneer Energy Services ROE % Calculation

Pioneer Energy Services's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-57.514/( (145.086+93.668)/ 2 )
=-57.514/119.377
=-48.18 %

Pioneer Energy Services's annualized ROE % for the quarter that ended in Jun. 2020 is calculated as

ROE %=Net Income (Q: Jun. 2020 )/( (Total Stockholders Equity (Q: Mar. 2020 )+Total Stockholders Equity (Q: Jun. 2020 ))/ count )
=0/( (31.94+114.678)/ 2 )
=0/73.309
=0.00 %

* 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 (Jun. 2020) net income data. ROE % is displayed in the 30-year financial page.


Pioneer Energy Services  (FRA:YGO) 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: Jun. 2020 )
=Net Income/Total Stockholders Equity
=0/73.309
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 431.2665)*(431.2665 / 73.309)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*5.8829
=ROA %*Equity Multiplier
=N/A %*5.8829
=0.00 %

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: Jun. 2020 )
=Net Income/Total Stockholders Equity
=0/73.309
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 431.2665) * (431.2665 / 73.309)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 5.8829
=0.00 %

Note: The net income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.


Pioneer Energy Services ROE % Related Terms

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Pioneer Energy Services (FRA:YGO) Business Description

Traded in Other Exchanges
N/A
Address
1250 North East Loop 410, Suite 1000, San Antonio, TX, USA, 78209
Pioneer Energy Services Corp is a US-based company provides land-based drilling services and production services to a diverse group of independent and oil and gas exploration and production companies in the United States and internationally in Colombia. It provides coiled tubing and wireline services offshore in the Gulf of Mexico. The company operates through two segments. The Drilling Services segment is further is divided as Domestic Drilling and International Drilling includes drilling rig, crews, supplies, and most of the ancillary equipment needed. The Production Services segment is further is divided as Well Servicing, Wireline Services, and Coiled Tubing Services to producers.

Pioneer Energy Services (FRA:YGO) Headlines

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