Understanding 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:
- Riley Exploration Permian REPX - P/E: 4.5
- CNX Resources CNX - P/E: 2.38
- TotalEnergies TTE - P/E: 6.98
- Imperial Ptrl IMPP - P/E: 0.09
- PermRock Royalty Trust PRT - P/E: 5.65
Riley Exploration Permian saw a decrease in earnings per share from 1.36 in Q4 to $1.26 now. Most recently, the company reported a dividend yield of 3.1%, which has decreased by 1.75% from last quarter's yield of 4.85%.
Most recently, CNX Resources reported earnings per share at $0.55, whereas in Q4 earnings per share sat at $1.64. Most recently, the company reported a dividend yield of 0.5%, which has decreased by 0.07% from last quarter's yield of 0.57%.
TotalEnergies's earnings per share for Q1 sits at $2.61, whereas in Q4, they were at 2.97. The company's most recent dividend yield sits at 5.48%, which has increased by 0.78% from 4.7% last quarter.
Most recently, Imperial Ptrl reported earnings per share at $2.31, whereas in Q4 earnings per share sat at $1.05. PermRock Royalty Trust saw a decrease in earnings per share from 0.26 in Q4 to $0.18 now. Most recently, the company reported a dividend yield of 10.09%, which has increased by 3.47% from last quarter's yield of 6.62%.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.