REACH SUBSEA And AKER SOLUTIONS Have A High Dividend Yield And Return On Equity In The Oil & Gas Equipment & Services Industry.

(VIANEWS) – REACH SUBSEA (REACH.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Oil & Gas Equipment & Services industry.

Financial Asset Price Forward Dividend Yield Return on Equity
REACH SUBSEA (REACH.OL) kr4.38 4.14% 26.05%
AKER SOLUTIONS (AKSO.OL) kr38.48 2.01% 17.09%

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. REACH SUBSEA (REACH.OL)

4.14% Forward Dividend Yield and 26.05% Return On Equity

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Earnings Per Share

As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.63.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.95. Meaning, the purchaser of the share is investing kr6.95 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 26.05%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.14%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 78.2%, now sitting on 1.85B for the twelve trailing months.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr4.38 at 21:40 EST, way below its 52-week high of kr5.22 and way above its 52-week low of kr3.54.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 7.17.

More news about REACH SUBSEA.

2. AKER SOLUTIONS (AKSO.OL)

2.01% Forward Dividend Yield and 17.09% Return On Equity

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry worldwide. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of deep-water risers, oil, and gas production, and receiving and processing facilities. In addition, the company provides offshore fish farming, carbon capture, utilization and storage, hydrogen, and offshore wind solutions. Further, the company designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides subsea production, compression, pump, power distribution, and processing systems, and subsea lifecycle services. Furthermore, the company offers maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr3.41.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 11.28. Meaning, the purchaser of the share is investing kr11.28 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 17.09%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.01%.

Volatility

AKER SOLUTIONS’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.42%, a negative 0.63%, and a positive 1.72%.

AKER SOLUTIONS’s highest amplitude of average volatility was 1.42% (last week), 1.62% (last month), and 1.72% (last quarter).

Sales Growth

AKER SOLUTIONS’s sales growth for the next quarter is 16.8%.

More news about AKER SOLUTIONS.

Leave a Reply

Your email address will not be published. Required fields are marked *