(VIANEWS) – ODFJELL DRILLING (ODL.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Oil & Gas Drilling industry.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| ODFJELL DRILLING (ODL.OL) | kr35.10 | 7.2% | 17.1% |
| ODFJELL TECHNOLOGY (OTL.OL) | kr52.00 | 4.88% | 34.07% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. ODFJELL DRILLING (ODL.OL)
7.2% Forward Dividend Yield and 17.1% Return On Equity
Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.
Earnings Per Share
As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr10.27.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 3.42. Meaning, the purchaser of the share is investing kr3.42 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.1%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 10, 2023, the estimated forward annual dividend rate is 2.56 and the estimated forward annual dividend yield is 7.2%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ODFJELL DRILLING’s stock is considered to be oversold (<=20).
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2. ODFJELL TECHNOLOGY (OTL.OL)
4.88% Forward Dividend Yield and 34.07% Return On Equity
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.
Earnings Per Share
As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr7.92.
PE Ratio
ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 6.57. Meaning, the purchaser of the share is investing kr6.57 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.07%.
Volatility
ODFJELL TECHNOLOGY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.39%, a negative 0.05%, and a positive 2.30%.
ODFJELL TECHNOLOGY’s highest amplitude of average volatility was 1.97% (last week), 2.55% (last month), and 2.30% (last quarter).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 2.53 and the estimated forward annual dividend yield is 4.88%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ODFJELL TECHNOLOGY’s EBITDA is 0.64.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.1%, now sitting on 4.81B for the twelve trailing months.
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