AVANCE GAS HOLDING And EQUINOR Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – AVANCE GAS HOLDING (AGAS.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
AVANCE GAS HOLDING (AGAS.OL) kr119.40 22.06% 17.24%
EQUINOR (EQNR.OL) kr358.60 3.75% 52.91%

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. AVANCE GAS HOLDING (AGAS.OL)

22.06% Forward Dividend Yield and 17.24% Return On Equity

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd operates as a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr16.62.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 7.18. Meaning, the purchaser of the share is investing kr7.18 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 17.24%.

Stock Price Classification

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

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 128.8% and 179.1%, respectively.

Moving Average

AVANCE GAS HOLDING’s value is way above its 50-day moving average of kr89.27 and way above its 200-day moving average of kr74.01.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 265.06M for the twelve trailing months.

More news about AVANCE GAS HOLDING.

2. EQUINOR (EQNR.OL)

3.75% Forward Dividend Yield and 52.91% Return On Equity

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; markets and trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, EQUINOR has a trailing twelve months EPS of kr83.33.

PE Ratio

EQUINOR has a trailing twelve months price to earnings ratio of 4.3. Meaning, the purchaser of the share is investing kr4.3 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 52.91%.

Volatility

EQUINOR’s last week, last month’s, and last quarter’s current intraday variation average was 0.70%, 0.47%, and 1.13%.

EQUINOR’s highest amplitude of average volatility was 0.98% (last week), 0.85% (last month), and 1.13% (last quarter).

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 12.08 and the estimated forward annual dividend yield is 3.75%.

Stock Price Classification

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

More news about EQUINOR.

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