ODFJELL DRILLING And ODFJELL TECHNOLOGY Have A High Dividend Yield And Return On Equity In The Oil & Gas Drilling Industry.

(VIANEWS) – ODFJELL DRILLING (ODL.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Oil & Gas Drilling industry.

Financial Asset Price Forward Dividend Yield Return on Equity
ODFJELL DRILLING (ODL.OL) kr36.85 6.77% 4.35%
ODFJELL TECHNOLOGY (OTL.OL) kr49.55 4.73% 32.78%

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. ODFJELL DRILLING (ODL.OL)

6.77% Forward Dividend Yield and 4.35% Return On Equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.

Earnings Per Share

As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr2.32.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 15.88. Meaning, the purchaser of the share is investing kr15.88 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 4.35%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 46.2% and a drop 50.4% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ODFJELL DRILLING’s EBITDA is 486.69.

Sales Growth

ODFJELL DRILLING’s sales growth is 15.2% for the current quarter and 13.6% for the next.

More news about ODFJELL DRILLING.

2. ODFJELL TECHNOLOGY (OTL.OL)

4.73% Forward Dividend Yield and 32.78% Return On Equity

Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.

Earnings Per Share

As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr6.98.

PE Ratio

ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 7.1. Meaning, the purchaser of the share is investing kr7.1 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 32.78%.

Sales Growth

ODFJELL TECHNOLOGY’s sales growth is 20.1% for the current quarter and 6.6% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 4, 2023, the estimated forward annual dividend rate is 2.53 and the estimated forward annual dividend yield is 4.73%.

Volume

Today’s last reported volume for ODFJELL TECHNOLOGY is 101053 which is 31.39% above its average volume of 76905.

More news about ODFJELL TECHNOLOGY.

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