AVANCE GAS HOLDING And FRONTLINE 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) kr171.60 22.06% 17.24%
FRONTLINE (FRO.OL) kr281.60 10.59% 33.1%

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 kr37.69.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 4.55. Meaning, the purchaser of the share is investing kr4.55 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%.

Growth Estimates Quarters

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

Volume

Today’s last reported volume for AVANCE GAS HOLDING is 55824 which is 65.41% below its average volume of 161400.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AVANCE GAS HOLDING’s EBITDA is 160.25.

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 kr30.36.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 9.28. Meaning, the purchaser of the share is investing kr9.28 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%.

Yearly Top and Bottom Value

FRONTLINE’s stock is valued at kr281.60 at 02:40 EST, way higher than its 52-week high of kr205.50.

More news about FRONTLINE.

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