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HZNFF (Horizon Oil) 5-Year Yield-on-Cost % : 16.78 (As of Dec. 13, 2024)


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What is Horizon Oil 5-Year Yield-on-Cost %?

Horizon Oil's yield on cost for the quarter that ended in Jun. 2024 was 16.78.


The historical rank and industry rank for Horizon Oil's 5-Year Yield-on-Cost % or its related term are showing as below:

HZNFF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 15.45   Med: 23.85   Max: 30.71
Current: 16.78


During the past 13 years, Horizon Oil's highest Yield on Cost was 30.71. The lowest was 15.45. And the median was 23.85.


HZNFF's 5-Year Yield-on-Cost % is ranked better than
86.35% of 498 companies
in the Oil & Gas industry
Industry Median: 5.26 vs HZNFF: 16.78

Competitive Comparison of Horizon Oil's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Horizon Oil's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.


Horizon Oil's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Horizon Oil's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Horizon Oil's 5-Year Yield-on-Cost % falls into.



Horizon Oil 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Horizon Oil is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Horizon Oil  (OTCPK:HZNFF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Horizon Oil 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Horizon Oil's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Horizon Oil Business Description

Traded in Other Exchanges
Address
360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Horizon Oil Ltd is engaged in exploration, development, production and sale of crude oil. The company operates in three segments: China development, New Zealand development and Australia development. It generates key revenue from China development segment which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12.