Petrolia SE

Oslo Stock Exchange PSE.OL

Petrolia SE Return on Equity (ROE) for the year ending December 31, 2023: 5.22%

Petrolia SE Return on Equity (ROE) is 5.22% for the year ending December 31, 2023, a 367.40% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Petrolia SE Return on Equity (ROE) for the year ending December 31, 2022 was -1.95%, a 37.48% change year over year.
  • Petrolia SE Return on Equity (ROE) for the year ending December 31, 2021 was -3.12%, a -484.91% change year over year.
  • Petrolia SE Return on Equity (ROE) for the year ending December 31, 2020 was -0.53%, a -483.67% change year over year.
  • Petrolia SE Return on Equity (ROE) for the year ending December 31, 2019 was -0.09%, a -101.23% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Oslo Stock Exchange: PSE.OL

Petrolia SE

CEO Mr. Polycarpos Protopapas
IPO Date Jan. 3, 2000
Location Cyprus
Headquarters Office 401
Employees 198
Sector Energy
Industries
Description

Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Norway, rest of Europe, Asia, Australia, and internationally. It operates in two segments, Exploration & Production, and Oil Service. The company engages in the sale and rental of drilling equipment; and rental of land rigs. It rents drilling equipment, such as drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools. The company also provides equipment inspection and maintenance services. In addition, it offers casing and tubing running, drilling, and make and brake services. It serves oil companies, drilling contractors, and oil service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

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StockViz Staff

January 15, 2025

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