ODFJELL DRILLING, REACH SUBSEA, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – ODFJELL DRILLING (ODL.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
ODFJELL DRILLING (ODL.OL) kr51.30 4.71% 18.26%
REACH SUBSEA (REACH.OL) kr8.36 4.57% 27.09%
EQUINOR (EQNR.OL) kr268.35 3.75% 52.91%
GALP ENERGIA-NOM (GALP.LS) €16.71 3.32% 28.82%

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)

4.71% Forward Dividend Yield and 18.26% Return On Equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also 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 kr10.74.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 4.78. Meaning, the purchaser of the share is investing kr4.78 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 18.26%.

Moving Average

ODFJELL DRILLING’s value is below its 50-day moving average of kr53.32 and higher than its 200-day moving average of kr50.04.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 2.54 and the estimated forward annual dividend yield is 4.71%.

More news about ODFJELL DRILLING.

2. REACH SUBSEA (REACH.OL)

4.57% Forward Dividend Yield and 27.09% 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. The company 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 kr0.84.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 9.95. Meaning, the purchaser of the share is investing kr9.95 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 27.09%.

Volatility

REACH SUBSEA’s last week, last month’s, and last quarter’s current intraday variation average was 2.93%, 0.84%, and 2.79%.

REACH SUBSEA’s highest amplitude of average volatility was 2.93% (last week), 2.32% (last month), and 2.79% (last quarter).

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr8.36 at 12:30 EST, way under its 52-week high of kr10.65 and way above its 52-week low of kr4.03.

More news about REACH SUBSEA.

3. EQUINOR (EQNR.OL)

3.75% Forward Dividend Yield and 52.91% Return On Equity

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, EQUINOR has a trailing twelve months EPS of kr35.07.

PE Ratio

EQUINOR has a trailing twelve months price to earnings ratio of 7.65. Meaning, the purchaser of the share is investing kr7.65 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 52.91%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EQUINOR’s stock is considered to be overbought (>=80).

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 12.08 and the estimated forward annual dividend yield is 3.75%.

More news about EQUINOR.

4. GALP ENERGIA-NOM (GALP.LS)

3.32% Forward Dividend Yield and 28.82% Return On Equity

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment provides storage and transportation infrastructure for oil and gas products, as well as engages in the sale of electricity to the grid in Portugal and Spain. The Commercial segment is involved in the areas of retail to final business-to-business and business to consumer customers of oil, gas, and electricity. The Renewables and New Business segment is involved in the development of solar and wind power generation projects in Portugal and Spain. In addition, it produces lithium-ion batteries, hydrogen, and biofuels; and operates service stations. Further, the company engages in the reinsurance business. The company was formerly known as Galp – Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, GALP ENERGIA-NOM has a trailing twelve months EPS of €1.79.

PE Ratio

GALP ENERGIA-NOM has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing €9.34 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 28.82%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GALP ENERGIA-NOM’s stock is considered to be overbought (>=80).

More news about GALP ENERGIA-NOM.

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