(VIANEWS) – REACH SUBSEA (REACH.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Oil & Gas Equipment & Services industry.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| REACH SUBSEA (REACH.OL) | kr3.67 | 4.77% | 18.34% |
| ABL GROUP (ABL.OL) | kr15.75 | 4.23% | 4.53% |
| SUBSEA 7 (SUBC.OL) | kr138.25 | 0.74% | 0.44% |
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. REACH SUBSEA (REACH.OL)
4.77% 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 kr0.57.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing kr6.44 for every norwegian krone of annual earnings.
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%.
More news about REACH SUBSEA.
2. ABL GROUP (ABL.OL)
4.23% Forward Dividend Yield and 4.53% Return On Equity
ABL Group ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and renewables market worldwide. It offers project development, owners engineering, technical due diligence, geotechnical engineering, and MOU transportation MWS services. The company also provides marine surveys, inspection and audits, marine warranty survey, marine casualty management, and expert witness and litigation services. as well as naval architecture, engineering for vessel design, conversion, upgrades, analysis, and simulation services. In addition, the company offers design, analysis services for the marine, renewables, oil, and gas, defense, and offshore infrastructure industries. Further, the company provides marine systems engineering and consulting, marine operations engineering, marine assurance, and risk services, as well as support services in witness, claims and litigation, as well as consulting, loss prevention and loss management services. Additionally, the company offers data assurance, ground models, and quantitative risk assessment. The company was formerly known as AqualisBraemar LOC ASA and changed its name to ABL Group ASA in June 2022. ABL Group ASA was incorporated in 2014 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, ABL GROUP has a trailing twelve months EPS of kr0.29.
PE Ratio
ABL GROUP has a trailing twelve months price to earnings ratio of 54.31. Meaning, the purchaser of the share is investing kr54.31 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.53%.
Volume
Today’s last reported volume for ABL GROUP is 11606 which is 52.15% below its average volume of 24257.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 4.23%.
Yearly Top and Bottom Value
ABL GROUP’s stock is valued at kr15.75 at 17:40 EST, way under its 52-week high of kr18.50 and way above its 52-week low of kr11.90.
More news about ABL GROUP.
3. SUBSEA 7 (SUBC.OL)
0.74% Forward Dividend Yield and 0.44% Return On Equity
Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. Subsea 7 S.A. was incorporated in 1993 and is based in Luxembourg.
Earnings Per Share
As for profitability, SUBSEA 7 has a trailing twelve months EPS of kr1.71.
PE Ratio
SUBSEA 7 has a trailing twelve months price to earnings ratio of 80.85. Meaning, the purchaser of the share is investing kr80.85 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.4%, now sitting on 5.19B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SUBSEA 7’s EBITDA is 338.67.
Volatility
SUBSEA 7’s last week, last month’s, and last quarter’s current intraday variation average was 0.34%, 1.81%, and 2.01%.
SUBSEA 7’s highest amplitude of average volatility was 0.74% (last week), 2.73% (last month), and 2.01% (last quarter).
Sales Growth
SUBSEA 7’s sales growth for the next quarter is 7.1%.
More news about SUBSEA 7.
