10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Empire Petroleum's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -14.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Empire Petroleum's 10-Year ROIIC % or its related term are showing as below:
EP's 10-Year ROIIC % is ranked worse than 82.03% of 946
companies
in the Oil & Gas industry
Industry Median: 4.815
vs EP: -14.93
Empire Petroleum 10-Year ROIIC % Historical Data
The historical data trend for Empire Petroleum's 10-Year ROIIC % 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.
Competitive Comparison of Empire Petroleum's 10-Year ROIIC %
For the Oil & Gas E&P subindustry, Empire Petroleum's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
Empire Petroleum's 10-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Empire Petroleum's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Empire Petroleum's 10-Year ROIIC % falls into.
Empire Petroleum 10-Year ROIIC % Calculation
Empire Petroleum's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -11.4376305 (Dec. 2023) - -0.228 (Dec. 2013) )
/
( 75.408 (Dec. 2023) - 0.315 (Dec. 2013) )
=
-11.2096305
/
75.093
=
-14.93%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Empire Petroleum 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Empire Petroleum's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.
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