5 Value Stocks To Watch In The Energy Sector

What are 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.

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

  1. PBF Logistics PBFX - P/E: 5.89
  2. VAALCO Energy EGY - P/E: 5.62
  3. Adams Resources & Energy AE - P/E: 8.78
  4. Oasis Midstream Partners OMP - P/E: 6.57
  5. NACCO Industries NC - P/E: 7.14

This quarter, PBF Logistics experienced a decrease in earnings per share, which was 0.64 in Q2 and is now 0.58. The company's most recent dividend yield sits at 8.75%, which has decreased by 0.4% from 9.15% last quarter.

VAALCO Energy saw an increase in earnings per share from 0.14 in Q2 to 0.17 now. Most recently, Adams Resources & Energy reported earnings per share at 0.41, whereas in Q2 earnings per share sat at 0.44. The company's most recent dividend yield sits at 2.92%, which has decreased by 0.64% from 3.56% last quarter.

Oasis Midstream Partners has reported Q3 earnings per share at 0.77, which has increased by 6.94% compared to Q2, which was 0.72. Its most recent dividend yield is at 9.2%, which has decreased by 1.08% from 10.28% in the previous quarter.

NACCO Industries saw an increase in earnings per share from 0.91 in Q2 to 3.47 now. Most recently, the company reported a dividend yield of 2.4%, which has decreased by 0.48% from last quarter's yield of 2.88%.

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.

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