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) kr198.00 22.06% 17.24%
FRONTLINE (FRO.OL) kr292.80 10.59% 33.1%
FLEX LNG (FLNG.OL) kr310.80 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) 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 kr23.01.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 8.6. Meaning, the purchaser of the share is investing kr8.6 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 value is way higher than its 50-day moving average of kr89.27 and way above its 200-day moving average of kr74.01.

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, 2023, the company operated a fleet of 76 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 kr31.89.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 9.18. Meaning, the purchaser of the share is investing kr9.18 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 33.1%.

Volume

Today’s last reported volume for FRONTLINE is 563896 which is 47.18% below its average volume of 1067660.

Yearly Top and Bottom Value

FRONTLINE’s stock is valued at kr292.80 at 07:40 EST, way above its 52-week high of kr205.50.

Earnings Before Interest, Taxes, Depreciation, and Amortization

FRONTLINE’s EBITDA is 192.84.

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. 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 kr23.99.

PE Ratio

FLEX LNG has a trailing twelve months price to earnings ratio of 12.96. Meaning, the purchaser of the share is investing kr12.96 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%.

More news about FLEX LNG.

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