5 Value Stocks In The Energy Sector

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 labelled as a value stock.

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

  1. Earthstone Energy ESTE - P/E: 6.53
  2. SilverBow Resources SBOW - P/E: 6.44
  3. TransGlobe Energy TGA - P/E: 2.07
  4. PBF Logistics PBFX - P/E: 7.85
  5. Epsilon Energy EPSN - P/E: 6.99

This quarter, Earthstone Energy experienced an increase in earnings per share, which was $0.78 in Q1 and is now $1.29. SilverBow Resources has reported Q2 earnings per share at $4.95, which has increased by 228.91% compared to Q1, which was -3.84. TransGlobe Energy saw a decrease in earnings per share from 0.66 in Q1 to $0.44 now. Most recently, the company reported a dividend yield of 6.02%, which has increased by 1.12% from last quarter's yield of 4.9%.

Most recently, PBF Logistics reported earnings per share at $0.62, whereas in Q1 earnings per share sat at $0.58. The company's most recent dividend yield sits at 6.57%, which has decreased by 1.3% from 7.87% last quarter.

Epsilon Energy saw an increase in earnings per share from 0.24 in Q1 to $0.44 now. Its most recent dividend yield is at 3.54%, which has decreased by 0.86% from 4.4% in the previous quarter.

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.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsBZI-VS
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!