AVANCE GAS HOLDING, VÅR ENERGI, Another 2 Companies 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) kr153.00 22.06% 17.24%
VÅR ENERGI (VAR.OL) kr35.42 13.42% 50.7%
ODFJELL DRILLING (ODL.OL) kr53.00 4.7% 18.04%
TGS (TGS.OL) kr124.50 4.41% 2.14%

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 kr38.12.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 4.01. Meaning, the purchaser of the share is investing kr4.01 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%.

Volatility

AVANCE GAS HOLDING’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.02%, a positive 0.03%, and a positive 2.34%.

AVANCE GAS HOLDING’s highest amplitude of average volatility was 5.21% (last week), 2.75% (last month), and 2.34% (last quarter).

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 overbought (>=80).

More news about AVANCE GAS HOLDING.

2. VÅR ENERGI (VAR.OL)

13.42% Forward Dividend Yield and 50.7% Return On Equity

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V.

Earnings Per Share

As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr2.7.

PE Ratio

VÅR ENERGI has a trailing twelve months price to earnings ratio of 13.12. Meaning, the purchaser of the share is investing kr13.12 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 50.7%.

More news about VÅR ENERGI.

3. ODFJELL DRILLING (ODL.OL)

4.7% Forward Dividend Yield and 18.04% Return On Equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.

Earnings Per Share

As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr10.61.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 5. Meaning, the purchaser of the share is investing kr5 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 18.04%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.8%, now sitting on 756M for the twelve trailing months.

Moving Average

ODFJELL DRILLING’s value is below its 50-day moving average of kr56.34 and way higher than its 200-day moving average of kr46.74.

More news about ODFJELL DRILLING.

4. TGS (TGS.OL)

4.41% Forward Dividend Yield and 2.14% Return On Equity

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr2.16.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 57.64. Meaning, the purchaser of the share is investing kr57.64 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 2.14%.

Volume

Today’s last reported volume for TGS is 105919 which is 78.76% below its average volume of 498732.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 25, 2024, the estimated forward annual dividend rate is 6.04 and the estimated forward annual dividend yield is 4.41%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 126.1% and 875.4%, respectively.

More news about TGS.

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