Rubico shares jump 13.26% after-hours as 19% ROE outperforms oil and gas industry average.

Rubico Inc. (NASDAQ: RUBI) surged 13.26% in after-hours trading following a Simply Wall St analysis highlighting its 19% return on equity (ROE), exceeding the 11% industry average for the oil and gas sector. The report emphasized Rubico’s ability to generate $0.19 profit per $1 of shareholder investment, a metric attracting investor interest despite warnings about its high debt-to-equity ratio of 2.23. While the article cautioned that debt-driven ROE could pose risks, the strong performance relative to peers appears to have overshadowed concerns, prompting a sharp post-market rally.