FRONTLINE And FLEX LNG Have A High Dividend Yield And Return On Equity In The Oil & Gas Midstream Industry.

(VIANEWS) – FRONTLINE (FRO.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
FRONTLINE (FRO.OL) kr180.98 10.59% 33.1%
FLEX LNG (FLNG.OL) kr326.00 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. 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, 2022, the company operated a fleet of 70 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 kr40.68.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 4.45. Meaning, the purchaser of the share is investing kr4.45 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%.

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. It also provides chartering services. 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 kr28.62.

PE Ratio

FLEX LNG has a trailing twelve months price to earnings ratio of 11.39. Meaning, the purchaser of the share is investing kr11.39 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%.

Volatility

FLEX LNG’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.26%, a negative 0.07%, and a positive 0.99%.

FLEX LNG’s highest amplitude of average volatility was 0.26% (last week), 0.80% (last month), and 0.99% (last quarter).

Yearly Top and Bottom Value

FLEX LNG’s stock is valued at kr326.00 at 17:40 EST, way under its 52-week high of kr378.80 and way higher than its 52-week low of kr290.40.

Volume

Today’s last reported volume for FLEX LNG is 9080 which is 59.86% below its average volume of 22622.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 368.39M for the twelve trailing months.

More news about FLEX LNG.

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