(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) | kr262.30 | 10.59% | 33.1% |
| FLEX LNG (FLNG.OL) | kr292.20 | 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, 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 kr31.53.
PE Ratio
FRONTLINE has a trailing twelve months price to earnings ratio of 8.32. Meaning, the purchaser of the share is investing kr8.32 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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 309.7% and a drop 3.6% for the next.
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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 128.7%, now sitting on 1.71B for the twelve trailing months.
Volatility
FRONTLINE’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.48%, a negative 0.19%, and a positive 1.58%.
FRONTLINE’s highest amplitude of average volatility was 2.59% (last week), 1.86% (last month), and 1.58% (last quarter).
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 kr27.9.
PE Ratio
FLEX LNG has a trailing twelve months price to earnings ratio of 10.47. Meaning, the purchaser of the share is investing kr10.47 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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, FLEX LNG’s stock is considered to be overbought (>=80).
Sales Growth
FLEX LNG’s sales growth is 9.5% for the present quarter and negative 0.3% for the next.
Volume
Today’s last reported volume for FLEX LNG is 1050 which is 94.55% below its average volume of 19269.
More news about FLEX LNG.
