Previous close | 22.00 |
Open | 22.60 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 22.00 - 22.00 |
52-week range | 22.00 - 43.00 |
Volume | |
Avg. volume | 332 |
Market cap | 2.893B |
Beta (5Y monthly) | 0.21 |
PE ratio (TTM) | 12.72 |
EPS (TTM) | 1.73 |
Earnings date | N/A |
Forward dividend & yield | 1.32 (6.00%) |
Ex-dividend date | 22 Apr 2022 |
1y target est | N/A |
(Reuters) -Vopak sees many opportunities to boost its portfolio in liquefied natural gas (LNG) worldwide as Europe braces for a tighter squeeze in Russian gas supply, the finance chief of the Dutch tank storage group said on Wednesday. With a dozen European Union countries already facing lower gas supplies, Brussels is urging member states to store gas for winter, against fears that Russia could halt flows in retaliation for sanctions over the Ukraine war. "A lot of the projects in our portfolio are non-European-based," newly-appointed Chief Financial Officer Michiel Gilsing told Reuters, citing plans to increase the firm's LNG capacity, including in places such as Hong Kong and Australia.
Dutch tank storage company Vopak on Wednesday revealed plans to devote more of its capital to industrial and gas storage by 2025, while the share for oil and chemical business will gradually decline. The company plans by 2030 to allocate 1 billion euros ($1.07 billion) to expand its base in industrial and gas terminals and another 1 billion to new energies and sustainable feedstocks. "There is a very natural transition," Chief Executive Officer Dick Richelle told Reuters in a call during the company's capital markets day on Wednesday.
(Reuters) -Dutch oil and chemical storage company Vopak beat first-quarter earnings expectations on Wednesday helped by growth projects and a good performance in the Americas which offset challenges in Europe. CEO Dick Richelle told Reuters that although Europe faced challenges following Russia's invasion of Ukraine, the group's balanced portfolio could counter them. KBC analyst Olivier Vandewoude said the results were confirming the group's "relative stability" while Quirijn Mulder at ING pointed to "reasonable results in turbulent times".