What is a Value Stock?
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.
Below is a list of notable value stocks in the energy sector:
- NOW DNOW - P/E: 8.08
- ProFrac Holding ACDC - P/E: 5.36
- Marathon Oil MRO - P/E: 5.48
- Flex LNG FLNG - P/E: 9.23
- Vital Energy VTLE - P/E: 1.16
NOW looks to be undervalued. It possesses an EPS of $0.25, which has not changed since last quarter (Q4). ProFrac Holding has reported Q1 earnings per share at $0.4, which has decreased by 51.22% compared to Q4, which was 0.82. Marathon Oil has reported Q1 earnings per share at $0.67, which has decreased by 23.86% compared to Q4, which was 0.88. The company's most recent dividend yield sits at 1.68%, which has increased by 0.24% from 1.44% last quarter.
Flex LNG's earnings per share for Q4 sits at $1.02, whereas in Q3, they were at 0.79. The company's most recent dividend yield sits at 12.08%, which has increased by 3.47% from 8.61% last quarter.
Vital Energy saw an increase in earnings per share from 3.49 in Q4 to $4.5 now.
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.
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