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This list of potential positions covers USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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New Concept Energy (GBR)
The company has Return on Asset of (0.0328) % which means that on every $100 spent on assets, it lost $0.0328. This is way below average. New Concept's management efficiency ratios could be used to measure how well New Concept manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Tangible Assets is likely to drop to -0.0048. In addition to that, Return On Capital Employed is likely to drop to -0.06. As of 04/19/2024, Intangibles To Total Assets is likely to grow to 0.16, while Total Assets are likely to drop slightly above 4.4 M. This firm currently falls under 'Nano-Cap' category with a total capitalization of 5.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Concept's market, we take the total number of its shares issued and multiply it by New Concept's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Today, the firm appears to be overvalued. New Concept Energy secures a last-minute Real Value of $0.92 per share. The latest price of the firm is $1.08. Our model forecasts the value of New Concept Energy from analyzing the firm fundamentals such as Profit Margin of (0.14) %, return on equity of -0.0046, and Current Valuation of 5.66 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Enerplus (ERF)
The company has Return on Asset of 0.1812 % which means that on every $100 spent on assets, it made $0.1812 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3959 %, implying that it generated $0.3959 on every 100 dollars invested. Enerplus' management efficiency ratios could be used to measure how well Enerplus manages its routine affairs as well as how well it operates its assets and liabilities. The Enerplus' current Return On Tangible Assets is estimated to increase to 0.23. The Enerplus' current Return On Capital Employed is estimated to increase to 0.39. At this time, Enerplus' Other Assets are most likely to increase significantly in the upcoming years. The Enerplus' current Net Tangible Assets is estimated to increase to about 1.3 B, while Total Current Assets are projected to decrease to roughly 218.9 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 4.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enerplus's market, we take the total number of its shares issued and multiply it by Enerplus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.1183 % which means that on every $100 spent on assets, it made $0.1183 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1278 %, implying that it generated $0.1278 on every 100 dollars invested. Vaalco Energy's management efficiency ratios could be used to measure how well Vaalco Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Vaalco Energy's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.25 in 2024, whereas Return On Equity is likely to drop 0.12 in 2024. At this time, Vaalco Energy's Return On Assets are fairly stable compared to the past year. This firm currently falls under 'Small-Cap' category with a total capitalization of 703.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vaalco Energy's market, we take the total number of its shares issued and multiply it by Vaalco Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Vaalco Energy has a current Real Value of $7.9 per share. The regular price of the company is $6.64. Our model measures the value of Vaalco Energy from inspecting the company fundamentals such as Return On Equity of 0.13, operating margin of 0.56 %, and Shares Outstanding of 103.27 M as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
Cenovus Energy (CVE)
The company has Return on Asset of 0.0616 % which means that on every $100 spent on assets, it made $0.0616 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.146 %, implying that it generated $0.146 on every 100 dollars invested. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.07. At present, Cenovus Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 29.1 B, whereas Non Current Assets Total are forecasted to decline to about 29.8 B. The entity currently falls under 'Large-Cap' category with a total capitalization of 38.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cenovus Energy's market, we take the total number of its shares issued and multiply it by Cenovus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Short Long Term Debt Total
8.67 Billion
At present, Cenovus Energy's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.
Canadian Natural Resources (CNQ)
The company has Return on Asset of 0.0858 % which means that on every $100 spent on assets, it made $0.0858 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2111 %, implying that it generated $0.2111 on every 100 dollars invested. Canadian Natural's management efficiency ratios could be used to measure how well Canadian Natural manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Natural's Return On Tangible Assets are relatively stable compared to the past year. As of 04/19/2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. As of 04/19/2024, Total Current Liabilities is likely to grow to about 7.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 40.8 B. The entity currently falls under 'Large-Cap' category with a total capitalization of 83.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Natural's market, we take the total number of its shares issued and multiply it by Canadian Natural's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Canadian Natural Res shows a prevailing Real Value of $79.37 per share. The current price of the firm is $76.83. Our model approximates the value of Canadian Natural Res from analyzing the firm fundamentals such as Current Valuation of 93.97 B, profit margin of 0.23 %, and Return On Equity of 0.21 as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Anadarko Petroleum (APC)
The firm beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Anadarko Petroleum will likely underperform. The beta indicator helps investors understand whether Anadarko Petroleum moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Anadarko deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Large-Cap' category with a total capitalization of 36.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Anadarko Petroleum's market, we take the total number of its shares issued and multiply it by Anadarko Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Dorchester Minerals LP (DMLP)
The company has return on total asset (ROA) of 0.3884 % which means that it generated a profit of $0.3884 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.6392 %, meaning that it created $0.6392 on every $100 dollars invested by stockholders. Dorchester Minerals' management efficiency ratios could be used to measure how well Dorchester Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Equity is likely to grow to 0.66, while Return On Tangible Assets are likely to drop 0.51. At this time, Dorchester Minerals' Total Current Liabilities is relatively stable compared to the past year. As of 04/19/2024, Change To Liabilities is likely to grow to about 878.9 K, while Liabilities And Stockholders Equity is likely to drop slightly above 5.2 M. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dorchester Minerals's market, we take the total number of its shares issued and multiply it by Dorchester Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Dorchester Minerals shows a prevailing Real Value of $33.06 per share. The current price of the firm is $33.57. Our model computes the value of Dorchester Minerals from reviewing the firm fundamentals such as Profit Margin of 0.70 %, current valuation of 1.29 B, and Shares Outstanding of 40.09 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Macroaxis Gross Profit
Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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New Concept Energy (GBR)
The company has Return on Asset of (0.0328) % which means that on every $100 spent on assets, it lost $0.0328. This is way below average. New Concept's management efficiency ratios could be used to measure how well New Concept manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Tangible Assets is likely to drop to -0.0048. In addition to that, Return On Capital Employed is likely to drop to -0.06. As of 04/19/2024, Intangibles To Total Assets is likely to grow to 0.16, while Total Assets are likely to drop slightly above 4.4 M. This firm currently falls under 'Nano-Cap' category with a total capitalization of 5.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Concept's market, we take the total number of its shares issued and multiply it by New Concept's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Today, the firm appears to be overvalued. New Concept Energy secures a last-minute Real Value of $0.92 per share. The latest price of the firm is $1.08. Our model forecasts the value of New Concept Energy from analyzing the firm fundamentals such as Profit Margin of (0.14) %, return on equity of -0.0046, and Current Valuation of 5.66 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Enerplus (ERF)
The company has Return on Asset of 0.1812 % which means that on every $100 spent on assets, it made $0.1812 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3959 %, implying that it generated $0.3959 on every 100 dollars invested. Enerplus' management efficiency ratios could be used to measure how well Enerplus manages its routine affairs as well as how well it operates its assets and liabilities. The Enerplus' current Return On Tangible Assets is estimated to increase to 0.23. The Enerplus' current Return On Capital Employed is estimated to increase to 0.39. At this time, Enerplus' Other Assets are most likely to increase significantly in the upcoming years. The Enerplus' current Net Tangible Assets is estimated to increase to about 1.3 B, while Total Current Assets are projected to decrease to roughly 218.9 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 4.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enerplus's market, we take the total number of its shares issued and multiply it by Enerplus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.1183 % which means that on every $100 spent on assets, it made $0.1183 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1278 %, implying that it generated $0.1278 on every 100 dollars invested. Vaalco Energy's management efficiency ratios could be used to measure how well Vaalco Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Vaalco Energy's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.25 in 2024, whereas Return On Equity is likely to drop 0.12 in 2024. At this time, Vaalco Energy's Return On Assets are fairly stable compared to the past year. This firm currently falls under 'Small-Cap' category with a total capitalization of 703.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vaalco Energy's market, we take the total number of its shares issued and multiply it by Vaalco Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Vaalco Energy has a current Real Value of $7.9 per share. The regular price of the company is $6.64. Our model measures the value of Vaalco Energy from inspecting the company fundamentals such as Return On Equity of 0.13, operating margin of 0.56 %, and Shares Outstanding of 103.27 M as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
Cenovus Energy (CVE)
The company has Return on Asset of 0.0616 % which means that on every $100 spent on assets, it made $0.0616 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.146 %, implying that it generated $0.146 on every 100 dollars invested. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.07. At present, Cenovus Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 29.1 B, whereas Non Current Assets Total are forecasted to decline to about 29.8 B. The entity currently falls under 'Large-Cap' category with a total capitalization of 38.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cenovus Energy's market, we take the total number of its shares issued and multiply it by Cenovus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Short Long Term Debt Total
8.67 Billion
At present, Cenovus Energy's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.
Canadian Natural Resources (CNQ)
The company has Return on Asset of 0.0858 % which means that on every $100 spent on assets, it made $0.0858 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2111 %, implying that it generated $0.2111 on every 100 dollars invested. Canadian Natural's management efficiency ratios could be used to measure how well Canadian Natural manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Natural's Return On Tangible Assets are relatively stable compared to the past year. As of 04/19/2024, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. As of 04/19/2024, Total Current Liabilities is likely to grow to about 7.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 40.8 B. The entity currently falls under 'Large-Cap' category with a total capitalization of 83.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Natural's market, we take the total number of its shares issued and multiply it by Canadian Natural's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Canadian Natural Res shows a prevailing Real Value of $79.37 per share. The current price of the firm is $76.83. Our model approximates the value of Canadian Natural Res from analyzing the firm fundamentals such as Current Valuation of 93.97 B, profit margin of 0.23 %, and Return On Equity of 0.21 as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Anadarko Petroleum (APC)
The firm beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Anadarko Petroleum will likely underperform. The beta indicator helps investors understand whether Anadarko Petroleum moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Anadarko deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Large-Cap' category with a total capitalization of 36.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Anadarko Petroleum's market, we take the total number of its shares issued and multiply it by Anadarko Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Dorchester Minerals LP (DMLP)
The company has return on total asset (ROA) of 0.3884 % which means that it generated a profit of $0.3884 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.6392 %, meaning that it created $0.6392 on every $100 dollars invested by stockholders. Dorchester Minerals' management efficiency ratios could be used to measure how well Dorchester Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Equity is likely to grow to 0.66, while Return On Tangible Assets are likely to drop 0.51. At this time, Dorchester Minerals' Total Current Liabilities is relatively stable compared to the past year. As of 04/19/2024, Change To Liabilities is likely to grow to about 878.9 K, while Liabilities And Stockholders Equity is likely to drop slightly above 5.2 M. The firm currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dorchester Minerals's market, we take the total number of its shares issued and multiply it by Dorchester Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Dorchester Minerals shows a prevailing Real Value of $33.06 per share. The current price of the firm is $33.57. Our model computes the value of Dorchester Minerals from reviewing the firm fundamentals such as Profit Margin of 0.70 %, current valuation of 1.29 B, and Shares Outstanding of 40.09 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
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