REACH SUBSEA, TGS, 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) kr4.09 4.14% 16.67%
TGS (TGS.OL) kr165.10 2.89% 7.35%
SCHLUMBERGER (SLB.PA) €41.35 1.99% 20.99%
SUBSEA 7 (SUBC.OL) kr116.35 0.8% 0.32%

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)

4.14% Forward Dividend Yield and 16.67% Return On Equity

Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It 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. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. 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 kr0.3.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 13.63. Meaning, the purchaser of the share is investing kr13.63 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%.

Volume

Today’s last reported volume for REACH SUBSEA is 219177 which is 67.39% below its average volume of 672141.

Moving Average

REACH SUBSEA’s value is below its 50-day moving average of kr4.33 and higher than its 200-day moving average of kr3.95.

More news about REACH SUBSEA.

2. TGS (TGS.OL)

2.89% 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 multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions. In addition, the company offers imaging services, which include depth and time imaging; marine, land, and ocean bottom cables and nodes; anisotropic imaging; transition zone processing; multi component processing; shear wave; and 4D time-lapse, as well as wide azimuth data processing. Further, it provides data and analytics solutions; and PRIMA, a multifunction exploration software suite. 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 kr-13.36.

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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 84.3% and 110.1%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 257.2%, now sitting on 716.63M for the twelve trailing months.

Volatility

TGS’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.36%, a negative 0.35%, and a positive 2.05%.

TGS’s highest amplitude of average volatility was 1.87% (last week), 2.23% (last month), and 2.05% (last quarter).

Stock Price Classification

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

More news about TGS.

3. SCHLUMBERGER (SLB.PA)

1.99% Forward Dividend Yield and 20.99% 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 €-1.7.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.99%.

More news about SCHLUMBERGER.

4. SUBSEA 7 (SUBC.OL)

0.8% Forward Dividend Yield and 0.32% Return On Equity

Subsea 7 S.A. delivers offshore projects and services for the evolving 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 and inter-array cables, 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. As of December 31, 2021, it has a fleet of 38 vessels. 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 kr-29.34.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.32%.

Yearly Top and Bottom Value

SUBSEA 7’s stock is valued at kr116.35 at 06:40 EST, way below its 52-week high of kr150.30 and way higher than its 52-week low of kr72.60.

More news about SUBSEA 7.

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