TGS And SBM OFFSHORE Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – TGS (TGS.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Energy sector.

Financial Asset Price Forward Dividend Yield Return on Equity
TGS (TGS.OL) kr97.55 5.69% 2.14%
SBM OFFSHORE (SBMO.AS) €16.87 4.4% 9.56%

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. TGS (TGS.OL)

5.69% Forward Dividend Yield and 2.14% Return On Equity

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr2.13.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 45.8. Meaning, the purchaser of the share is investing kr45.8 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 2.14%.

More news about TGS.

2. SBM OFFSHORE (SBMO.AS)

4.4% Forward Dividend Yield and 9.56% Return On Equity

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals. The company also provides catenary anchor leg mooring (CALM) or single point mooring (SPM) terminals; and solutions for flexible flowline and subsea structure installation works. It operates a fleet of 15 FPSOs and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.

Earnings Per Share

As for profitability, SBM OFFSHORE has a trailing twelve months EPS of €2.15.

PE Ratio

SBM OFFSHORE has a trailing twelve months price to earnings ratio of 7.85. Meaning, the purchaser of the share is investing €7.85 for every euro 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 9.56%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 16, 2024, the estimated forward annual dividend rate is 0.77 and the estimated forward annual dividend yield is 4.4%.

Moving Average

SBM OFFSHORE’s value is higher than its 50-day moving average of €16.21 and way above its 200-day moving average of €14.27.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SBM OFFSHORE’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

SBM OFFSHORE’s stock is valued at €16.87 at 17:30 EST, below its 52-week high of €17.37 and way higher than its 52-week low of €11.31.

More news about SBM OFFSHORE.

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