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) kr168.00 22.06% 17.24%
EQUINOR (EQNR.OL) kr291.45 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) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings. Avance Gas Holding Ltd was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr39.09.

PE Ratio

AVANCE GAS HOLDING 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 17.24%.

Moving Average

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

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; 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 kr36.22.

PE Ratio

EQUINOR has a trailing twelve months price to earnings ratio of 8.05. Meaning, the purchaser of the share is investing kr8.05 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%.

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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 37.1%, now sitting on 128.65B for the twelve trailing months.

More news about EQUINOR.

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