AVANCE GAS HOLDING, FRONTLINE, Another 1 Companies Have A High Dividend Yield And Return On Equity In The Oil & Gas Midstream Industry.

(VIANEWS) – AVANCE GAS HOLDING (AGAS.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Oil & Gas Midstream industry.

Financial Asset Price Forward Dividend Yield Return on Equity
AVANCE GAS HOLDING (AGAS.OL) kr124.00 22.06% 17.24%
FRONTLINE (FRO.OL) kr236.65 10.59% 33.1%
FLEX LNG (FLNG.OL) kr315.00 9.87% 16.13%

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 kr18.61.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 6.66. Meaning, the purchaser of the share is investing kr6.66 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%.

More news about AVANCE GAS HOLDING.

2. FRONTLINE (FRO.OL)

10.59% Forward Dividend Yield and 33.1% Return On Equity

Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2022, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Limassol, Cyprus.

Earnings Per Share

As for profitability, FRONTLINE has a trailing twelve months EPS of kr36.81.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 6.43. Meaning, the purchaser of the share is investing kr6.43 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 33.1%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 309.7% and a drop 3.6% for the next.

Volatility

FRONTLINE’s last week, last month’s, and last quarter’s current intraday variation average was 0.69%, 0.79%, and 2.07%.

FRONTLINE’s highest amplitude of average volatility was 1.38% (last week), 2.30% (last month), and 2.07% (last quarter).

Volume

Today’s last reported volume for FRONTLINE is 654177 which is 49.79% below its average volume of 1303130.

Moving Average

FRONTLINE’s worth is way above its 50-day moving average of kr163.61 and way higher than its 200-day moving average of kr155.83.

More news about FRONTLINE.

3. FLEX LNG (FLNG.OL)

9.87% Forward Dividend Yield and 16.13% Return On Equity

Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. It also provides chartering services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, FLEX LNG has a trailing twelve months EPS of kr27.61.

PE Ratio

FLEX LNG has a trailing twelve months price to earnings ratio of 11.41. Meaning, the purchaser of the share is investing kr11.41 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 16.13%.

Yearly Top and Bottom Value

FLEX LNG’s stock is valued at kr315.00 at 01:40 EST, way under its 52-week high of kr378.80 and above its 52-week low of kr290.40.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 31.6 and the estimated forward annual dividend yield is 9.87%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

FLEX LNG’s EBITDA is 88.24.

Volume

Today’s last reported volume for FLEX LNG is 6335 which is 77.85% below its average volume of 28613.

More news about FLEX LNG.

Leave a Reply

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