MMR.AX
Price:
$0.005
Market Cap:
$9.36M
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 permit located in the onshore Bonaparte basin in the Western Australia and Northern Territory respectively; and an 85% interest in the PEP11 petroleum exploration permit located in the offshore Sydney basin. The company was incorporated in 2005 and is headquartered in South Perth, Australia.
Industry
Oil & Gas Exploration & Production
IPO Date
2006-05-29
Stock Exchange
ASX
Ticker
MMR.AX
According to MEC Resources Limited’s latest financial reports and current stock price. The company's current ROE is 1.92%. This represents a change of -245.81% compared to the average of -1.31% of the last 4 quarters.
The mean historical ROE of MEC Resources Limited over the last ten years is -21.25%. The current 1.92% ROE has changed -109.02% with respect to the historical average. Over the past ten years (40 quarters), MMR.AX's ROE was at its highest in in the June 2025 quarter at 5.31%. The ROE was at its lowest in in the June 2012 quarter at -81.20%.
Average
-21.25%
Median
-9.21%
Minimum
-116.27%
Maximum
1.86%
Discovering the peaks and valleys of MEC Resources Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.95%
Maximum Annual ROE = 1.86%
Minimum Annual Increase = -126.74%
Minimum Annual ROE = -116.27%
| Year | ROE | Change |
|---|---|---|
| 2025 | 1.86% | -126.74% |
| 2024 | -6.95% | 50.41% |
| 2023 | -4.62% | -59.65% |
| 2022 | -11.46% | -19.31% |
| 2021 | -14.20% | -54.59% |
| 2020 | -31.27% | 78.86% |
| 2019 | -17.48% | -84.96% |
| 2018 | -116.27% | 1.95% |
| 2017 | -5.67% | -11.53% |
| 2016 | -6.41% | -95.60% |
The current ROE of MEC Resources Limited (MMR.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-3.24%
5-year avg
-7.07%
10-year avg
-21.25%
MEC Resources Limited’s ROE is greater than Triangle Energy (Global) Limited (-98.56%), greater than Lion Energy Limited (-21.97%), greater than Galilee Energy Limited (-289.10%), greater than Top End Energy Limited (-40.77%), less than Whitebark Energy Limited (109.14%), greater than Grand Gulf Energy Limited (-3.94%), greater than IPB Petroleum Limited (-7.46%), greater than AXP Energy Limited (-40.80%), greater than State Gas Limited (-10.06%), greater than Vintage Energy Limited (-16.09%),
| Company | ROE | Market cap |
|---|---|---|
| -98.56% | $4.40M | |
| -21.97% | $4.97M | |
| -289.10% | $4.95M | |
| -40.77% | $9.77M | |
| 109.14% | $4.92M | |
| -3.94% | $5.64M | |
| -7.46% | $4.24M | |
| -40.80% | $5.29M | |
| -10.06% | $13.75M | |
| -16.09% | $8.35M |
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