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Victory Oilfield Tech (Victory Oilfield Tech) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Victory Oilfield Tech 5-Year Yield-on-Cost %?

Victory Oilfield Tech's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Victory Oilfield Tech's 5-Year Yield-on-Cost % or its related term are showing as below:



VYEY's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.84
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Victory Oilfield Tech's 5-Year Yield-on-Cost %

For the Oil & Gas Equipment & Services subindustry, Victory Oilfield Tech's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Victory Oilfield Tech's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Victory Oilfield Tech's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Victory Oilfield Tech's 5-Year Yield-on-Cost % falls into.



Victory Oilfield Tech 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Victory Oilfield Tech is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Victory Oilfield Tech  (OTCPK:VYEY) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Victory Oilfield Tech 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Victory Oilfield Tech's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Victory Oilfield Tech (Victory Oilfield Tech) Business Description

Traded in Other Exchanges
N/A
Address
3355 Bee Caves Road, Suite 608, Austin, TX, USA, 78746
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.
Executives
Armacor Victory Ventures Llc 10 percent owner 26497 RANCHO PARKWAY SOUTH, DANA POINT CA 92630
Eric Eilersten director C/O VICTORY ENERGY CORPORATION, 3355 BEE CAVES ROAD, SUITE 608, AUSTIN TX 78746
Kevin Deleon director
Ricardo A Salas director
Visionary Private Equity Group I, Lp 10 percent owner 1325 W SUNSHINE #162, SPRINGFIELD MO 65807
Michael Cosby 10 percent owner 901 E. ST. LOUIS STREET, STE 1800, SPRINGFIELD MO 65806
Visionary Pe Gp I, Llc 10 percent owner 1325 W. SUNSHINE ST., NO. 162, SPRINGFIELD MO 65807
Smith Fred James Jr officer: Chief Financial Officer 3355 BEE CAVES RD, SUITE 608, AUSTIN TX 78746
Mark Wendell Biggers officer: CHIEF FINANCIAL OFFICER 3355 BBEE CAVES RD, SUITE 608, AUSTIN TX 78746
Kenneth E Hill director, officer: CHIEF OPERATIONS OFFICER 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH X1 92660
Lindsey Stanley L Jr officer: VP EXPLORATION & DEVELOPMENT 20341 IRVINE AVENUE, #D-6, IRVINE CA 92660
Ronald Zamber director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert W Grenley director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert Miranda officer: Chief Executive Officer 2801 W. COAST HIGHWAY, SUITE 370, NEWPORT BEACH CA 92663
Edgar Trotter director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660

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