RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
New Zealand Oil and Gas Stock

New Zealand Oil and Gas ROA 2024

New Zealand Oil and Gas ROA

0.04

Ticker

NZO.NZ

ISIN

NZNZOE0010S7

In 2024, New Zealand Oil and Gas's return on assets (ROA) was 0.04, a -34.75% increase from the 0.06 ROA in the previous year.

New Zealand Oil and Gas Aktienanalyse

What does New Zealand Oil and Gas do?

New Zealand Oil and Gas Limited is a New Zealand company that has been involved in oil and gas exploration and production since 1981. The company holds oil and gas licenses on the New Zealand mainland and in the Exclusive Economic Zone (EEZ) and offers a diverse range of products and services ranging from exploration to refining of oil and gas. The company was founded in 1981 by a consortium of companies to produce oil and gas in the Taranaki region on the west coast of New Zealand's North Island. It began its operations by acquiring interests in several oil and gas fields in the region, including the Maui gas and oil fields, which are among the largest in New Zealand. Over the years, New Zealand Oil and Gas has expanded its business and is now involved in multiple areas. Its core areas of focus include oil and gas exploration and production, as well as the development of renewable energy sources such as wind and geothermal energy. The company also has a stake in the Marsden Point refinery, which plays a significant role in the processing of oil and gas in New Zealand. New Zealand Oil and Gas is divided into several business segments, with a primary focus on the search for new potential oil and gas deposits in New Zealand. The company conducts geological surveys to discover and develop new sources of oil and gas. It is also involved in joint projects where multiple companies collaborate to identify and utilize multiple reservoirs under one roof. Another important business segment for New Zealand Oil and Gas is oil and gas production. The company operates several production fields in New Zealand, including the Kupe gas and oil field and the Tui gas and oil field. It works closely with its partners to increase production and ensure the profitability of projects. A third business segment for New Zealand Oil and Gas is the development of renewable energy. The company is involved in several projects, including the Kapuni wind energy project and the Ohaaki geothermal project. The company believes that renewable energy will play a crucial role in meeting future energy needs, and is committed to growing in this sector. New Zealand Oil and Gas also offers a range of products and services related to oil and gas exploration, production, and processing. For example, the company provides specialized drilling equipment and tools designed specifically for the needs of the oil and gas industry. It also offers specialized services such as geological surveys and geophysical investigations. Overall, New Zealand Oil and Gas is a significant company in the New Zealand energy industry. It operates in multiple business segments and offers a wide range of products and services. However, the company also faces challenges associated with oil and gas production and processing. It has implemented programs to reduce emissions and increase energy efficiency to ensure sustainable operations. Please let me know if there is anything else I can help you with. New Zealand Oil and Gas ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding New Zealand Oil and Gas's Return on Assets (ROA)

New Zealand Oil and Gas's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing New Zealand Oil and Gas's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider New Zealand Oil and Gas's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in New Zealand Oil and Gas’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about New Zealand Oil and Gas stock

What is the Return on Assets (ROA) of New Zealand Oil and Gas this year?

The Return on Assets (ROA) of New Zealand Oil and Gas is 0.04 undefined this year.

What was the ROA of New Zealand Oil and Gas compared to the previous year?

The ROA of New Zealand Oil and Gas has increased by -34.75% compared to the previous year.

What consequences do high ROA have for investors of New Zealand Oil and Gas?

A high ROA is advantageous for investors of New Zealand Oil and Gas, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in New Zealand Oil and Gas?

A low ROA can be unfavorable for investors of New Zealand Oil and Gas as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of New Zealand Oil and Gas affect the company?

An increase in ROA of New Zealand Oil and Gas can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of New Zealand Oil and Gas impact the company?

A reduction in the ROA of New Zealand Oil and Gas can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of New Zealand Oil and Gas?

Some factors that can influence the ROA of New Zealand Oil and Gas include revenue, operating costs, asset structure, and industry average.

Why is the ROA of New Zealand Oil and Gas important for investors?

The ROA of New Zealand Oil and Gas is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can New Zealand Oil and Gas take to improve ROA?

To improve ROA, New Zealand Oil and Gas can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does New Zealand Oil and Gas pay?

Over the past 12 months, New Zealand Oil and Gas paid a dividend of 0.01 NZD . This corresponds to a dividend yield of about 1.77 %. For the coming 12 months, New Zealand Oil and Gas is expected to pay a dividend of 0 NZD.

What is the dividend yield of New Zealand Oil and Gas?

The current dividend yield of New Zealand Oil and Gas is 1.77 %.

When does New Zealand Oil and Gas pay dividends?

New Zealand Oil and Gas pays a quarterly dividend. This is distributed in the months of October, December, December, May.

How secure is the dividend of New Zealand Oil and Gas?

New Zealand Oil and Gas paid dividends every year for the past 0 years.

What is the dividend of New Zealand Oil and Gas?

For the upcoming 12 months, dividends amounting to 0 NZD are expected. This corresponds to a dividend yield of 0 %.

In which sector is New Zealand Oil and Gas located?

New Zealand Oil and Gas is assigned to the 'Energy' sector.

Wann musste ich die Aktien von New Zealand Oil and Gas kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New Zealand Oil and Gas from 4/10/2024 amounting to 0.033 NZD, you needed to have the stock in your portfolio before the ex-date on 3/26/2024.

When did New Zealand Oil and Gas pay the last dividend?

The last dividend was paid out on 4/10/2024.

What was the dividend of New Zealand Oil and Gas in the year 2023?

In the year 2023, New Zealand Oil and Gas distributed 0 NZD as dividends.

In which currency does New Zealand Oil and Gas pay out the dividend?

The dividends of New Zealand Oil and Gas are distributed in NZD.

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Andere Kennzahlen von New Zealand Oil and Gas

Our stock analysis for New Zealand Oil and Gas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Zealand Oil and Gas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.