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Oronova Energy Inc
XTSX:ONV.H

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Oronova Energy Inc
XTSX:ONV.H
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Price: 0.26 CAD Market Closed
Market Cap: CA$6.3m

ROE

22.8%
Current
Declining
by 4.7%
vs 3-y average of 27.5%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
22.8%
=
Net Income
CA$-183.6k
/
Avg Total Equity
CA$-803.9k

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
22.8%
=
Net Income
CA$-183.6k
/
Avg Total Equity
CA$-803.9k

Peer Comparison

Country Company Market Cap ROE
CA
Oronova Energy Inc
XTSX:ONV.H
6.3m CAD
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US
Conocophillips
NYSE:COP
142.2B USD
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CN
CNOOC Ltd
SSE:600938
1T CNY
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CA
Canadian Natural Resources Ltd
TSX:CNQ
132.1B CAD
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US
EOG Resources Inc
NYSE:EOG
69.1B USD
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PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD
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US
Diamondback Energy Inc
NASDAQ:FANG
51.3B USD
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US
Hess Corp
NYSE:HES
46.1B USD
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US
Pioneer Natural Resources Co
LSE:0KIX
46B USD
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AU
Woodside Energy Group Ltd
ASX:WDS
62.2B AUD
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US
Venture Global Inc
NYSE:VG
38.5B USD
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Market Distribution

Higher than 83% of companies in Canada
Percentile
83nd
Based on 4 932 companies
83nd percentile
22.8%
Low
-111 866% — -21.1%
Typical Range
-21.1% — 11.3%
High
11.3% — 3 553 600%
Distribution Statistics
Canada
Min -111 866%
30th Percentile -21.1%
Median -0.5%
70th Percentile 11.3%
Max 3 553 600%

Oronova Energy Inc
Glance View

Market Cap
6.3m CAD
Industry
Energy

Oronova Energy, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas reserves. The company is headquartered in Vancouver, British Columbia. The firm is engaged in the business of acquisition, exploration, development and production of crude oil and natural gas reserves in strategic countries.

ONV.H Intrinsic Value
LOCKED
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What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
22.8%
=
Net Income
CA$-183.6k
/
Avg Total Equity
CA$-803.9k
What is Oronova Energy Inc's current ROE?

The current ROE for Oronova Energy Inc is 22.8%, which is below its 3-year median of 27.5%.

How has ROE changed over time?

Over the last 3 years, Oronova Energy Inc’s ROE has decreased from 64.1% to 22.8%. During this period, it reached a low of 19.9% on Apr 30, 2024 and a high of 64.1% on Jul 31, 2022.

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