REACH SUBSEA, TGS, Another 1 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) kr4.47 4.1% 16.67%
TGS (TGS.OL) kr168.80 3.28% 7.35%
TECHNIP ENERGIES (TE.PA) €20.12 2.58% 19.38%

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)

4.1% Forward Dividend Yield and 16.67% 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 kr0.34.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 13.15. Meaning, the purchaser of the share is investing kr13.15 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 16.67%.

Sales Growth

REACH SUBSEA’s sales growth is 12.6% for the current quarter and 71.2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 83.9%, now sitting on 1.16B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, REACH SUBSEA’s stock is considered to be oversold (<=20).

Volatility

REACH SUBSEA’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.55%, and 2.06%.

REACH SUBSEA’s highest amplitude of average volatility was 0.54% (last week), 1.45% (last month), and 2.06% (last quarter).

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2. TGS (TGS.OL)

3.28% Forward Dividend Yield and 7.35% Return On Equity

TGS ASA provides geoscience data products and 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 depth and time imaging; 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 kr7.75.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 21.78. Meaning, the purchaser of the share is investing kr21.78 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 7.35%.

More news about TGS.

3. TECHNIP ENERGIES (TE.PA)

2.58% Forward Dividend Yield and 19.38% 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 €1.66.

PE Ratio

TECHNIP ENERGIES has a trailing twelve months price to earnings ratio of 12.12. Meaning, the purchaser of the share is investing €12.12 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 19.38%.

Sales Growth

TECHNIP ENERGIES’s sales growth is negative 4.9% for the ongoing quarter and negative 5.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.1%, now sitting on 6.28B for the twelve trailing months.

Stock Price Classification

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

More news about TECHNIP ENERGIES.

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