5 Value Stocks To Watch In The Energy Sector

What is 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:

1. Barnwell Industries BRN - P/E: 3.89
2. Talos Energy TALO - P/E: 3.44
3. Laredo Petroleum LPI - P/E: 1.17
4. Tenaris TS - P/E: 9.31
5. Delek US Hldgs DK - P/E: 6.48

Barnwell Industries saw an increase in earnings per share from 0.21 in Q2 to $0.25 now. This quarter, Talos Energy experienced a decrease in earnings per share, which was $1.2 in Q2 and is now $0.75. Laredo Petroleum saw a decrease in earnings per share from 7.5 in Q2 to $5.3 now. Most recently, Tenaris reported earnings per share at $1.03, whereas in Q2 earnings per share sat at $1.08. Its most recent dividend yield is at 2.2%, which has decreased by 1.51% from 3.71% in the previous quarter.

Most recently, Delek US Hldgs reported earnings per share at $0.02, whereas in Q2 earnings per share sat at $4.4. Most recently, the company reported a dividend yield of 2.83%, which has decreased by 0.17% from last quarter's yield of 3.0%.

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.