Return On Capital Employed Overview: Berry Petroleum
During Q1, Berry Petroleum ''s (NASDAQ: BRY ) reported sales totaled $94.20 million. Despite a 130.98% in earnings, the company posted a loss of $40.80 million. In Q4, Berry Petroleum brought in $61.37 million in sales but lost $17.66 million in earnings. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is Full story available on Benzinga.com
Return On Capital Employed Overview: Berry Petroleum
During Q1, Berry Petroleum ''s (NASDAQ: BRY ) reported sales totaled $94.20 million. Despite a 130.98% in earnings, the company posted a loss of $40.80 million. In Q4, Berry Petroleum brought in $61.37 million in sales but lost $17.66 million in earnings. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is Full story available on Benzinga.com