VÅR ENERGI, GALP ENERGIA-NOM, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Energy Sector.

(VIANEWS) – VÅR ENERGI (VAR.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
VÅR ENERGI (VAR.OL) kr24.60 15.93% 47.67%
GALP ENERGIA-NOM (GALP.LS) €9.75 4.51% 37.99%
PANORO ENERGY (PEN.OL) kr25.02 0.92% 11.06%
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. VÅR ENERGI (VAR.OL)

15.93% Forward Dividend Yield and 47.67% Return On Equity

Var Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Var Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Var Energi AS is a subsidiary of Eni International B.V.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 47.67%.

Volume

Today’s last reported volume for VÅR ENERGI is 3891200 which is 25.21% above its average volume of 3107630.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 4.8% and positive 395.2% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Nov 2, 2022, the estimated forward annual dividend rate is 4.9 and the estimated forward annual dividend yield is 15.93%.

Stock Price Classification

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

More news about VÅR ENERGI.

2. GALP ENERGIA-NOM (GALP.LS)

4.51% Forward Dividend Yield and 37.99% 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 & Energy Management, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Angola. The Industrial & Energy Management segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segment also 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 biodiesel, biofuel, and green hydrogen; and operates 1,480 service stations and 1,186 electric mobility charging points. 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 €-0.16.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.99%.

More news about GALP ENERGIA-NOM.

3. PANORO ENERGY (PEN.OL)

0.92% Forward Dividend Yield and 11.06% Return On Equity

Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas in Africa. The company holds assets in the Equatorial Guinea, Gabon, Tunisia, South Africa, and Nigeria. The company was incorporated in 2009 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, PANORO ENERGY has a trailing twelve months EPS of kr-0.66.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.06%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

PANORO ENERGY’s EBITDA is 53.16.

More news about PANORO ENERGY.

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%.

More news about SUBSEA 7.

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