DNO And ODFJELL DRILLING Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – DNO (DNO.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
DNO (DNO.OL) kr9.36 9.94% 19.33%
ODFJELL DRILLING (ODL.OL) kr40.30 6.36% 17.1%

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. DNO (DNO.OL)

9.94% Forward Dividend Yield and 19.33% Return On Equity

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. Its flagship project is the Tawke field that is located in the Kurdistan region of Iraq. The company was founded in 1971 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNO has a trailing twelve months EPS of kr0.53.

PE Ratio

DNO has a trailing twelve months price to earnings ratio of 17.67. Meaning, the purchaser of the share is investing kr17.67 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 19.33%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 24, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 9.94%.

More news about DNO.

2. ODFJELL DRILLING (ODL.OL)

6.36% Forward Dividend Yield and 17.1% Return On Equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It 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 kr10.04.

PE Ratio

ODFJELL DRILLING 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 17.1%.

More news about ODFJELL DRILLING.

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