Overview Of Value Stocks In The Energy Sector

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.

Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:

1. Scorpio Tankers STNG - P/E: 3.85
2. Diamondback Energy FANG - P/E: 8.85
3. Valero Energy VLO - P/E: 4.15
4. Suncor Energy SU - P/E: 9.29
5. Baytex Energy BTE - P/E: 4.31

Most recently, Scorpio Tankers reported earnings per share at $1.91, whereas in Q2 earnings per share sat at $2.41. The company's most recent dividend yield sits at 2.56%, which has increased by 0.43% from 2.13% last quarter.

Diamondback Energy saw an increase in earnings per share from 3.68 in Q2 to $5.49 now. This quarter, Valero Energy experienced an increase in earnings per share, which was $5.4 in Q2 and is now $7.49. Most recently, the company reported a dividend yield of 3.46%, which has decreased by 0.34% from last quarter's yield of 3.8%.

Suncor Energy saw an increase in earnings per share from 0.71 in Q2 to $1.13 now. Most recently, the company reported a dividend yield of 5.24%, which has increased by 0.69% from last quarter's yield of 4.55%.

Most recently, Baytex Energy reported earnings per share at $0.11, whereas in Q2 earnings per share sat at $0.27. Its most recent dividend yield is at 3.74%, which has decreased by 5.66% from 9.4% in the previous quarter.

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.