Despite impressive ROE from Northern Oil and Gas, their high...
Despite impressive ROE from Northern Oil and Gas, their high debt levels pose concerns. Investors should think about performance amidst unfavorable credit markets. Optimal companies should show high ROE and low debt. Future profit growth and necessary investment are also key in determining buy-in price.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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