FRONTLINE And TGS 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) kr288.30 10.59% 33.1%
TGS (TGS.OL) kr125.00 4.44% 1.13%

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 kr30.05.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 9.59. Meaning, the purchaser of the share is investing kr9.59 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 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).

Volume

Today’s last reported volume for FRONTLINE is 498121 which is 52.94% below its average volume of 1058690.

Earnings Before Interest, Taxes, Depreciation, and Amortization

FRONTLINE’s EBITDA is 192.84.

More news about FRONTLINE.

2. TGS (TGS.OL)

4.44% Forward Dividend Yield and 1.13% Return On Equity

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr1.16.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 107.76. Meaning, the purchaser of the share is investing kr107.76 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 1.13%.

More news about TGS.

Leave a Reply

Your email address will not be published. Required fields are marked *