What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
The following stocks are considered to be notable value stocks in the energy sector:
- Vermilion Energy VET - P/E: 5.03
- ChampionX CHX - P/E: 7.34
- Navios Maritime NNA - P/E: 1.84
- Overseas Shipholding Gr OSG - P/E: 7.09
- BP Midstream Partners BPMP - P/E: 8.6
This quarter, Vermilion Energy experienced a decrease in earnings per share, which was -0.28 in Q4 and is now -0.79. The company's most recent dividend yield sits at 28.87%, which has ('', 'not changed') by 0.0% from 28.87% last quarter.
Most recently, ChampionX reported earnings per share at 0.08, whereas in Q4 earnings per share sat at 0.07. ChampionX does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
Most recently, Navios Maritime reported earnings per share at -0.79, whereas in Q3 earnings per share sat at -0.23. Most recently, the company reported a dividend yield of 4.36%, which has decreased by 22.07% from last quarter's yield of 26.43%.
Overseas Shipholding Gr has been featured as a value stock. Overseas Shipholding Gr's Q4 EPS sits at -0.01, which has not changed since last quarter (Q3). Overseas Shipholding Gr does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.
BP Midstream Partners saw an increase in earnings per share from 0.37 in Q4 to 0.39 now. The company's most recent dividend yield sits at 10.85%, which has increased by 0.07% from 10.78% last quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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