A Look Into Energy Sector Value Stocks

What are Value Stocks?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

Below is a list of notable value stocks in the energy sector:

1. Magnolia Oil & Gas MGY - P/E: 7.93
2. Vista Energy VIST - P/E: 8.79
3. W&T Offshore WTI - P/E: 8.03
4. Vermilion Energy VET - P/E: 2.9
5. Enerplus ERF - P/E: 5.22

Magnolia Oil & Gas saw an increase in earnings per share from 0.51 in Q2 to $0.54 now. Most recently, the company reported a dividend yield of 2.1%, which has increased by 0.02% from last quarter's yield of 2.08%.

Vista Energy has reported Q3 earnings per share at $0.82, which has increased by 58.19% compared to Q2, which was 0.52. Most recently, W&T Offshore reported earnings per share at $0.01, whereas in Q2 earnings per share sat at $-0.08. Vermilion Energy has reported Q3 earnings per share at $0.26, which has decreased by 55.17% compared to Q2, which was 0.58. Its most recent dividend yield is at 2.0%, which has decreased by 0.2% from 2.2% in the previous quarter.

Most recently, Enerplus reported earnings per share at $0.65, whereas in Q2 earnings per share sat at $0.39. The company's most recent dividend yield sits at 1.42%, which has increased by 0.01% from 1.41% last 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.