VÅR ENERGI, OKEA, 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) kr29.80 15.93% 47.67%
OKEA (OKEA.OL) kr31.35 12.21% 35.37%
REACH SUBSEA (REACH.OL) kr4.51 4% 16.67%
PANORO ENERGY (PEN.OL) kr30.46 0.91% 11.06%

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%.

Volatility

VÅR ENERGI’s last week, last month’s, and last quarter’s current intraday variation average was 1.25%, 0.14%, and 1.57%.

VÅR ENERGI’s highest amplitude of average volatility was 1.25% (last week), 1.44% (last month), and 1.57% (last quarter).

More news about VÅR ENERGI.

2. OKEA (OKEA.OL)

12.21% Forward Dividend Yield and 35.37% Return On Equity

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2.77% interests in Ivar Aasen, and 15% interests in Yme assets. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, OKEA has a trailing twelve months EPS of kr-5.89.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.37%.

Volatility

OKEA’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.89%, a negative 0.06%, and a positive 2.16%.

OKEA’s highest amplitude of average volatility was 1.51% (last week), 2.06% (last month), and 2.16% (last quarter).

More news about OKEA.

3. REACH SUBSEA (REACH.OL)

4% 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 15.03. Meaning, the purchaser of the share is investing kr15.03 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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 31, 2022, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4%.

Stock Price Classification

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

Volatility

REACH SUBSEA’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.33%, a positive 0.10%, and a positive 1.64%.

REACH SUBSEA’s highest amplitude of average volatility was 2.21% (last week), 3.02% (last month), and 1.64% (last quarter).

Sales Growth

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

More news about REACH SUBSEA.

4. PANORO ENERGY (PEN.OL)

0.91% 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%.

More news about PANORO ENERGY.

Leave a Reply

Your email address will not be published. Required fields are marked *