DNO And SUBSEA 7 Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – DNO (DNO.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
DNO (DNO.OL) kr11.36 9.94% 19.33%
SUBSEA 7 (SUBC.OL) kr178.00 3.21% 2.73%

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. DNO (DNO.OL)

9.94% Forward Dividend Yield and 19.33% Return On Equity

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa. DNO ASA was founded in 1971 and is headquartered in Oslo, Norway.

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 19.33%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 24, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 9.94%.

Volume

Today’s last reported volume for DNO is 771017 which is 58.38% below its average volume of 1852770.

Moving Average

DNO’s worth is way above its 50-day moving average of kr10.23 and higher than its 200-day moving average of kr11.31.

More news about DNO.

2. SUBSEA 7 (SUBC.OL)

3.21% Forward Dividend Yield and 2.73% Return On Equity

Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. The company was incorporated in 1993 and is based in Luxembourg, Luxembourg.

Earnings Per Share

As for profitability, SUBSEA 7 has a trailing twelve months EPS of kr3.79.

PE Ratio

SUBSEA 7 has a trailing twelve months price to earnings ratio of 46.97. Meaning, the purchaser of the share is investing kr46.97 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 2.73%.

Yearly Top and Bottom Value

SUBSEA 7’s stock is valued at kr178.00 at 07:30 EST, way under its 52-week high of kr218.20 and way above its 52-week low of kr134.15.

Volatility

SUBSEA 7’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.17%, a negative 0.22%, and a positive 1.53%.

SUBSEA 7’s highest amplitude of average volatility was 1.40% (last week), 1.78% (last month), and 1.53% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 6.34B for the twelve trailing months.

More news about SUBSEA 7.

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