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Pilot Energy (ASX:PGY) 3-Year RORE % : -13.33% (As of Sep. 2024)


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What is Pilot Energy 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Pilot Energy's 3-Year RORE % for the quarter that ended in Sep. 2024 was -13.33%.

The industry rank for Pilot Energy's 3-Year RORE % or its related term are showing as below:

ASX:PGY's 3-Year RORE % is not ranked
in the Oil & Gas industry.
Industry Median: -5.17 vs ASX:PGY: -13.33

Pilot Energy 3-Year RORE % Historical Data

The historical data trend for Pilot Energy's 3-Year RORE % 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.

Pilot Energy 3-Year RORE % Chart

Pilot Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.32 21.21 -12.90 -38.46 -13.33

Pilot Energy Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-Year RORE % 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 -12.90 -37.14 -38.46 -17.65 -13.33

Competitive Comparison of Pilot Energy's 3-Year RORE %

For the Oil & Gas E&P subindustry, Pilot Energy's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Pilot Energy's 3-Year RORE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pilot Energy's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Pilot Energy's 3-Year RORE % falls into.



Pilot Energy 3-Year RORE % Calculation

Pilot Energy's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.004--0.006 )/( -0.015-0 )
=0.002/-0.015
=-13.33 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Pilot Energy  (ASX:PGY) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Pilot Energy 3-Year RORE % Related Terms

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Pilot Energy Business Description

Traded in Other Exchanges
N/A
Address
35 Spring Street, Suite 301, Bondi Junction, Sydney, NSW, AUS, 2022
Pilot Energy Ltd is engaged in the oil and gas production and exploration. It is currently involved in oil and gas production, development, and exploration activities and is pursuing diversification and transition to the development of carbon management projects, hydrogen, and integrated renewable energy by leveraging its existing oil and gas tenements infrastructure to cornerstone these developments. The company owns interests in the Cliff Head Oil Field and Mid West Clean Energy Project and is also engaged in conducting the feasibility study of West Blue Hydrogen & CCS, Blue H2 and CO2 technology, and South West Carbon Management.