The Meaning Behind 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:
- Centrus Energy LEU - P/E: 8.63
- Holly Energy Partners HEP - P/E: 9.61
- Callon Petroleum CPE - P/E: 1.86
- PBF Energy PBF - P/E: 1.85
- Diamondback Energy FANG - P/E: 5.81
Most recently, Centrus Energy reported earnings per share at $1.42, whereas in Q3 earnings per share sat at $-0.42. Most recently, Holly Energy Partners reported earnings per share at $0.54, whereas in Q3 earnings per share sat at $0.49. Its most recent dividend yield is at 7.2%, which has decreased by 0.44% from 7.64% in the previous quarter.
Callon Petroleum saw a decrease in earnings per share from 4.04 in Q3 to $3.36 now. Most recently, PBF Energy reported earnings per share at $4.41, whereas in Q3 earnings per share sat at $7.96. Most recently, the company reported a dividend yield of 1.91%, which has increased by 0.12% from last quarter's yield of 1.79%.
Diamondback Energy's earnings per share for Q4 sits at $5.29, whereas in Q3, they were at 6.48.
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.
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