5 Value Stocks To Watch In The Energy Sector

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.

The following stocks are considered to be notable value stocks in the energy sector:

1. Sunoco SUN - P/E: 9.69
2. Occidental Petroleum OXY - P/E: 4.82
3. Permian Resources PR - P/E: 6.92
4. Comstock Resources CRK - P/E: 3.03
5. Vital Energy VTLE - P/E: 1.4

This quarter, Sunoco experienced a decrease in earnings per share, which was $0.75 in Q3 and is now $0.42. Its most recent dividend yield is at 7.24%, which has decreased by 0.74% from 7.98% in the previous quarter.

Occidental Petroleum's earnings per share for Q4 sits at $1.61, whereas in Q3, they were at 2.44. Its most recent dividend yield is at 1.22%, which has increased by 0.52% from 0.7% in the previous quarter.

Permian Resources saw a decrease in earnings per share from 0.7 in Q3 to $0.26 now. Most recently, the company reported a dividend yield of 2.15%, which has increased by 0.36% from last quarter's yield of 1.79%.

Comstock Resources saw a decrease in earnings per share from 1.18 in Q3 to $1.05 now. Most recently, the company reported a dividend yield of 4.04%, which has increased by 1.38% from last quarter's yield of 2.66%.

Vital Energy's earnings per share for Q4 sits at $3.49, whereas in Q3, they were at 5.3.

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.