Understanding Value Stocks
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.
The following stocks are considered to be notable value stocks in the energy sector:
- SandRidge Energy SD - P/E: 3.24
- BP Prudhoe Bay BPT - P/E: 2.85
- PermRock Royalty Trust PRT - P/E: 6.96
- GeoPark GPRK - P/E: 3.75
- International Seaways INSW - P/E: 4.11
SandRidge Energy's earnings per share for Q3 sits at $0.44, whereas in Q2, they were at 0.38. BP Prudhoe Bay saw a decrease in earnings per share from 0.3 in Q1 to $0.0 now. The company's most recent dividend yield sits at 11.45%, which has decreased by 9.23% from 20.68% last quarter.
PermRock Royalty Trust saw an increase in earnings per share from 0.1 in Q2 to $0.12 now. Its most recent dividend yield is at 8.36%, which has decreased by 1.22% from 9.58% in the previous quarter.
GeoPark's earnings per share for Q3 sits at $0.44, whereas in Q2, they were at 0.59. The company's most recent dividend yield sits at 5.43%, which has increased by 0.45% from 4.98% last quarter.
International Seaways's earnings per share for Q3 sits at $2.04, whereas in Q2, they were at 3.12.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.