Rice Energy’s Revenue Growth and Net Profit Margin Trends
Rice Energy’s (RICE) 4Q16 revenue rose ~109.0% YoY (year-over-year).
By Keisha Bandz
Feb. 24 2017, Updated 12:35 p.m. ET
4Q16 revenue and net profit margin
Rice Energy’s (RICE) 4Q16 revenue rose ~109.0% YoY (year-over-year). In comparison, its 4Q15 revenue was 20.5%. In 3Q16, it was ~42.0%.
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Revenues for peers
In comparison, Rice’s upstream peers EQT (EQT) and Noble Energy (NBL) saw 4Q16 revenue changes of -39.0% and 17.6%, respectively. These companies make up 1.4% of the iShares US Oil & Gas Exploration & Production ETF (IEO).
RICE’s 4Q16 net profit margin was 27.0% in 4Q16. In comparison, it was 41.5% in 3Q16.
