What Defines 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 labeled as a value stock.
Below is a list of notable value stocks in the energy sector:
- PermRock Royalty Trust PRT - P/E: 5.07
- Frontline FRO - P/E: 2.78
- Transportadora de Gas TGS - P/E: 7.4
- CrossAmerica Partners CAPL - P/E: 5.95
- Noble Midstream Partners NBLX - P/E: 4.5
PermRock Royalty Trust’s earnings per share for Q2 sits at 0.0, whereas in Q1, they were at 0.1. Its most recent dividend yield is at 6.17%, which has decreased by 6.33% from 12.5% in the previous quarter.
Frontline’s earnings per share for Q2 sits at 1.04, whereas in Q1, they were at 0.91. Its most recent dividend yield is at 15.82%, which has increased by 14.5% from 1.32% in the previous quarter.
Transportadora de Gas has reported Q3 earnings per share at 0.12, which has decreased by 29.41% compared to Q2, which was 0.17. The company’s most recent dividend yield sits at 3.71%, which has ('', 'not changed') by 0.0% from 3.71% last quarter.
CrossAmerica Partners’s earnings per share for Q3 sits at 0.56, whereas in Q2, they were at 0.14. The company’s most recent dividend yield sits at 13.77%, which has decreased by 1.89% from 15.66% last quarter.
Noble Midstream Partners’s earnings per share for Q3 sits at 0.4, whereas in Q2, they were at 0.53. Its most recent dividend yield is at 8.77%, which has decreased by 0.11% from 8.88% 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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