FRONTLINE, OKEA, 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) kr196.50 10.59% 33.1%
OKEA (OKEA.OL) kr39.42 9.95% 35.99%
RUBIS (RUI.PA) €22.06 8.85% 9.72%
REACH SUBSEA (REACH.OL) kr4.40 4.51% 18.34%

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 kr31.65.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 6.21. Meaning, the purchaser of the share is investing kr6.21 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%.

Volume

Today’s last reported volume for FRONTLINE is 651057 which is 51.11% below its average volume of 1331830.

Revenue Growth

Year-on-year quarterly revenue growth grew by 128.7%, now sitting on 1.71B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 309.7% and a drop 3.6% for the next.

More news about FRONTLINE.

2. OKEA (OKEA.OL)

9.95% Forward Dividend Yield and 35.99% Return On Equity

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, OKEA has a trailing twelve months EPS of kr6.8.

PE Ratio

OKEA has a trailing twelve months price to earnings ratio of 5.8. Meaning, the purchaser of the share is investing kr5.8 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 35.99%.

More news about OKEA.

3. RUBIS (RUI.PA)

8.85% Forward Dividend Yield and 9.72% Return On Equity

Rubis engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean. The company operates through Retail & Marketing, Support & Services, and Renewable Electricity production segments. It operates terminals that provide bulk liquid storage facilities for fuels, chemicals, and agri-food products; and distributes fuels, liquefied gases, bitumen, and lubricants. The company also provides infrastructure, transportation, supply, and services for supporting the development of downstream distribution and marketing activities; and produces photovoltaic electricity. Rubis was incorporated in 1954 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, RUBIS has a trailing twelve months EPS of €2.55.

PE Ratio

RUBIS has a trailing twelve months price to earnings ratio of 8.65. Meaning, the purchaser of the share is investing €8.65 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 9.72%.

More news about RUBIS.

4. REACH SUBSEA (REACH.OL)

4.51% Forward Dividend Yield and 18.34% 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. Reach Subsea ASA 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 kr0.58.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 7.59. Meaning, the purchaser of the share is investing kr7.59 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 18.34%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.

More news about REACH SUBSEA.

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