FRONTLINE, FLEX LNG, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – FRONTLINE (FRO.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
FRONTLINE (FRO.OL) kr238.20 10.59% 33.1%
FLEX LNG (FLNG.OL) kr273.00 9.87% 16.13%
REACH SUBSEA (REACH.OL) kr7.26 4.59% 27.09%
GALP ENERGIA-NOM (GALP.LS) €17.82 2.88% 28.82%

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. 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 kr28.3.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 8.42. Meaning, the purchaser of the share is investing kr8.42 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%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, FRONTLINE’s stock is considered to be overbought (>=80).

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 20.26 and the estimated forward annual dividend yield is 10.59%.

More news about FRONTLINE.

2. 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 kr23.43.

PE Ratio

FLEX LNG has a trailing twelve months price to earnings ratio of 11.65. Meaning, the purchaser of the share is investing kr11.65 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.

3. REACH SUBSEA (REACH.OL)

4.59% Forward Dividend Yield and 27.09% Return On Equity

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. The company was incorporated in 1909 and is headquartered in Haugesund, Norway.

Earnings Per Share

As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.84.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 8.64. Meaning, the purchaser of the share is investing kr8.64 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 27.09%.

Sales Growth

REACH SUBSEA’s sales growth is 37.4% for the current quarter and negative 5.6% for the next.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr7.26 at 17:30 EST, way below its 52-week high of kr10.65 and way above its 52-week low of kr4.03.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.1%, now sitting on 2.29B for the twelve trailing months.

More news about REACH SUBSEA.

4. GALP ENERGIA-NOM (GALP.LS)

2.88% Forward Dividend Yield and 28.82% Return On Equity

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces lithium-ion batteries, hydrogen, and biofuels; and operates service stations. Further, the company engages in the reinsurance business. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, GALP ENERGIA-NOM has a trailing twelve months EPS of €1.78.

PE Ratio

GALP ENERGIA-NOM has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing €10.01 for every euro 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 28.82%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 2.88%.

Volatility

GALP ENERGIA-NOM’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.76%, a negative 0.16%, and a positive 0.89%.

GALP ENERGIA-NOM’s highest amplitude of average volatility was 1.94% (last week), 0.79% (last month), and 0.89% (last quarter).

Sales Growth

GALP ENERGIA-NOM’s sales growth is negative 0.3% for the ongoing quarter and negative 4% for the next.

More news about GALP ENERGIA-NOM.

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