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Avance Gas Holding OB:AGAS Stock Report

Last Price

NOK 109.20

Market Cap

NOK 8.4b

7D

2.8%

1Y

-35.2%

Updated

20 Nov, 2024

Data

Company Financials +

Avance Gas Holding Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Avance Gas Holding
Historical stock prices
Current Share PriceNOK 109.20
52 Week HighNOK 208.50
52 Week LowNOK 99.50
Beta0.79
11 Month Change-1.80%
3 Month Change-14.02%
1 Year Change-35.23%
33 Year Change204.35%
5 Year Change111.22%
Change since IPO21.33%

Recent News & Updates

Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

Sep 04
Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

Recent updates

Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

Sep 04
Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

The Market Doesn't Like What It Sees From Avance Gas Holding Ltd's (OB:AGAS) Earnings Yet

Aug 02
The Market Doesn't Like What It Sees From Avance Gas Holding Ltd's (OB:AGAS) Earnings Yet

Calculating The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Jul 12
Calculating The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Jun 12
Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For Avance Gas Holding's (OB:AGAS) Returns On Capital

May 22
There's Been No Shortage Of Growth Recently For Avance Gas Holding's (OB:AGAS) Returns On Capital

Avance Gas Holding Ltd (OB:AGAS) Shares Fly 26% But Investors Aren't Buying For Growth

Apr 25
Avance Gas Holding Ltd (OB:AGAS) Shares Fly 26% But Investors Aren't Buying For Growth

A Look At The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Mar 14
A Look At The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Avance Gas Holding's (OB:AGAS) Solid Profits Have Weak Fundamentals

Feb 22
Avance Gas Holding's (OB:AGAS) Solid Profits Have Weak Fundamentals

What You Need To Know About The Avance Gas Holding Ltd (OB:AGAS) Analyst Downgrade Today

Feb 17
What You Need To Know About The Avance Gas Holding Ltd (OB:AGAS) Analyst Downgrade Today

Avance Gas Holding Ltd's (OB:AGAS) Share Price Is Matching Sentiment Around Its Earnings

Feb 01
Avance Gas Holding Ltd's (OB:AGAS) Share Price Is Matching Sentiment Around Its Earnings

The Return Trends At Avance Gas Holding (OB:AGAS) Look Promising

Jan 04
The Return Trends At Avance Gas Holding (OB:AGAS) Look Promising

Brokers Are Upgrading Their Views On Avance Gas Holding Ltd (OB:AGAS) With These New Forecasts

Dec 01
Brokers Are Upgrading Their Views On Avance Gas Holding Ltd (OB:AGAS) With These New Forecasts

Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Oct 11
Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At Avance Gas Holding (OB:AGAS)

Sep 14
Returns On Capital Are Showing Encouraging Signs At Avance Gas Holding (OB:AGAS)

Shareholder Returns

AGASNO Oil and GasNO Market
7D2.8%7.6%3.1%
1Y-35.2%-18.8%3.9%

Return vs Industry: AGAS underperformed the Norwegian Oil and Gas industry which returned -22% over the past year.

Return vs Market: AGAS underperformed the Norwegian Market which returned 2.5% over the past year.

Price Volatility

Is AGAS's price volatile compared to industry and market?
AGAS volatility
AGAS Average Weekly Movement6.3%
Oil and Gas Industry Average Movement5.3%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

Stable Share Price: AGAS has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: AGAS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aOystein Kalleklevwww.avancegas.com

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.

Avance Gas Holding Ltd Fundamentals Summary

How do Avance Gas Holding's earnings and revenue compare to its market cap?
AGAS fundamental statistics
Market capNOK 8.36b
Earnings (TTM)NOK 3.30b
Revenue (TTM)NOK 4.14b

2.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AGAS income statement (TTM)
RevenueUS$374.51m
Cost of RevenueUS$122.13m
Gross ProfitUS$252.38m
Other Expenses-US$46.25m
EarningsUS$298.63m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 27, 2024

Earnings per share (EPS)3.90
Gross Margin67.39%
Net Profit Margin79.74%
Debt/Equity Ratio60.5%

How did AGAS perform over the long term?

See historical performance and comparison

Dividends

54.7%

Current Dividend Yield

94%

Payout Ratio