REACH SUBSEA, ABL GROUP, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Oil & Gas Equipment & Services Industry.

(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) kr15.25 4.23% 4.53%
TECHNIP ENERGIES (TE.PA) €21.49 2.69% 19.84%
SCHLUMBERGER (SLB.PA) €51.26 1.78% 23.02%

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%.

Revenue Growth

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

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.77%.

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 52.59. Meaning, the purchaser of the share is investing kr52.59 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14%, now sitting on 173.43M for the twelve trailing months.

Volume

Today’s last reported volume for ABL GROUP is 3206 which is 86.83% below its average volume of 24344.

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 kr15.25 at 12:40 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. TECHNIP ENERGIES (TE.PA)

2.69% Forward Dividend Yield and 19.84% Return On Equity

Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company operates in two segments, Projects Delivery; and Technology, and Products and Services. It is involved in the engineering, procurement, construction management, commissioning, and transport and installation of various energy projects. The company also engages in the study, engineering, procurement, construction, and project management of various onshore and offshore facilities related to gas monetization, ethylene, hydrogen, refining, and chemical processing from biofuels and hydrocarbons. In addition, it develops, designs, commercializes, and integrates a range of technologies in gas monetization, refining, petrochemicals and fertilizers, hydrogen, and sustainable chemistry; provides land and marine-based loading and transfer systems services to the oil and gas, petrochemical, chemical, and decarbonization industries; and offers a range of project management consulting services to the energy industry. Further, the company offers robotics, visual intelligence, and surveillance solutions, as well as nondestructive testing equipment; SnapLNG, a modularized and electrified solution; proprietary technologies relating to the design and construction of ethylene steam crackers, power generation furnace, and heat transfer equipment; engineering and technical services; and digital services. Technip Energies N.V. was incorporated in 2019 and is headquartered in Nanterre, France.

Earnings Per Share

As for profitability, TECHNIP ENERGIES has a trailing twelve months EPS of €1.6.

PE Ratio

TECHNIP ENERGIES has a trailing twelve months price to earnings ratio of 13.43. Meaning, the purchaser of the share is investing €13.43 for every euro 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 19.84%.

Volume

Today’s last reported volume for TECHNIP ENERGIES is 35149 which is 89.31% below its average volume of 328915.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 2.69%.

More news about TECHNIP ENERGIES.

4. SCHLUMBERGER (SLB.PA)

1.78% Forward Dividend Yield and 23.02% Return On Equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.41.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 21.27. Meaning, the purchaser of the share is investing €21.27 for every euro 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 23.02%.

More news about SCHLUMBERGER.

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