What Defines a Value Stock?
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:
- Star Group SGU – P/E: 7.12
- Dynagas LNG Partners DLNG – P/E: 2.98
- Camber Energy CEI – P/E: 0.02
- Whiting Petroleum WLL – P/E: 7.44
- Canadian Natural Res CNQ – P/E: 9.6
Star Group’s earnings per share for Q2 sits at $1.75, whereas in Q1, they were at 0.32. Its most recent dividend yield is at 5.58%, which has increased by 0.16% from 5.42% in the previous quarter.
Dynagas LNG Partners has reported Q4 earnings per share at $0.23, which has decreased by 4.17% compared to Q3, which was 0.24. Most recently, the company reported a dividend yield of 11.0%, which has increased by 4.95% from last quarter’s yield of 6.05%.
Camber Energy’s earnings per share for Q2 sits at $-0.19, whereas in Q1, they were at -0.44. Whiting Petroleum saw an increase in earnings per share from 4.23 in Q4 to $4.61 now. The company’s most recent dividend yield sits at 1.2%, which has decreased by 0.1% from 1.3% last quarter.
Most recently, Canadian Natural Res reported earnings per share at $2.26, whereas in Q4 earnings per share sat at $1.75. The company’s most recent dividend yield sits at 3.59%, which has decreased by 1.62% from 5.21% last quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.