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GSPBQ.PFD (Gastar Exploration) ROE % : 0.00% (As of Sep. 2018)


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What is Gastar Exploration ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gastar Exploration's annualized net income for the quarter that ended in Sep. 2018 was $-70.11 Mil. Gastar Exploration's average Total Stockholders Equity over the quarter that ended in Sep. 2018 was $-103.78 Mil. Therefore, Gastar Exploration's annualized ROE % for the quarter that ended in Sep. 2018 was N/A%.

The historical rank and industry rank for Gastar Exploration's ROE % or its related term are showing as below:

During the past 8 years, Gastar Exploration's highest ROE % was 30.75%. The lowest was -411.98%. And the median was -1.70%.

GSPBQ.PFD's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.935
* Ranked among companies with meaningful ROE % only.

Gastar Exploration ROE % Historical Data

The historical data trend for Gastar Exploration'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.

Gastar Exploration ROE % Chart

Gastar Exploration Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROE %
Get a 7-Day Free Trial 37.97 18.19 -399.40 - -

Gastar Exploration Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Gastar Exploration's ROE %

For the Oil & Gas E&P subindustry, Gastar Exploration'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.


Gastar Exploration's ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gastar Exploration's ROE % falls into.



Gastar Exploration ROE % Calculation

Gastar Exploration's annualized ROE % for the fiscal year that ended in Dec. 2017 is calculated as

ROE %=Net Income (A: Dec. 2017 )/( (Total Stockholders Equity (A: Dec. 2016 )+Total Stockholders Equity (A: Dec. 2017 ))/ count )
=-46.755/( (-140.435+-31.828)/ 2 )
=-46.755/-86.1315
=N/A %

Gastar Exploration's annualized ROE % for the quarter that ended in Sep. 2018 is calculated as

ROE %=Net Income (Q: Sep. 2018 )/( (Total Stockholders Equity (Q: Jun. 2018 )+Total Stockholders Equity (Q: Sep. 2018 ))/ count )
=-70.108/( (-95.283+-112.28)/ 2 )
=-70.108/-103.7815
=N/A %

* 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. 2018) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Gastar Exploration  (OTCPK:GSPBQ.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. 2018 )
=Net Income/Total Stockholders Equity
=-70.108/-103.7815
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.108 / 74.356)*(74.356 / 337.228)*(337.228 / -103.7815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-94.29 %*0.2205*N/A
=ROA %*Equity Multiplier
=-20.79 %*N/A
=N/A %

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. 2018 )
=Net Income/Total Stockholders Equity
=-70.108/-103.7815
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-70.108 / -70.108) * (-70.108 / -28.324) * (-28.324 / 74.356) * (74.356 / 337.228) * (337.228 / -103.7815)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 2.4752 * -38.09 % * 0.2205 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Gastar Exploration ROE % Related Terms

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Gastar Exploration Business Description

Traded in Other Exchanges
N/A
Address
1331 Lamar Street, Suite 650, Houston, TX, USA, 77010
Gastar Exploration Inc is a Mid-Continent independent energy company which is engaged in the exploration, development, and production of oil, condensate, natural gas, and NGLs (natural gas liquids). The principal business activities of the company include the identification, acquisition, and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. The company's exploration properties consist primarily of oil and natural gas leases in the Mid-Continent area of the U.S. in Oklahoma. Gastar operates through a single segment being Exploration and production of oil, condensate, and natural gas.

Gastar Exploration Headlines