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:
- California Resources CRC - P/E: 3.2
- MPLX MPLX - P/E: 8.88
- Alliance Res Partners ARLP - P/E: 6.83
- Energy Transfer ET - P/E: 8.93
- Vista Energy VIST - P/E: 5.79
Most recently, California Resources reported earnings per share at $1.45, whereas in Q2 earnings per share sat at $1.13. The company's most recent dividend yield sits at 2.5%, which has increased by 0.96% from 1.54% last quarter.
This quarter, MPLX experienced an increase in earnings per share, which was $0.83 in Q2 and is now $1.36. Its most recent dividend yield is at 9.24%, which has increased by 0.22% from 9.02% in the previous quarter.
This quarter, Alliance Res Partners experienced an increase in earnings per share, which was $1.23 in Q2 and is now $1.25. Most recently, the company reported a dividend yield of 8.32%, which has increased by 0.84% from last quarter's yield of 7.48%.
Energy Transfer has reported Q3 earnings per share at $0.29, which has decreased by 25.64% compared to Q2, which was 0.39. Its most recent dividend yield is at 8.78%, which has increased by 0.1% from 8.68% in the previous quarter.
Most recently, Vista Energy reported earnings per share at $0.75, whereas in Q2 earnings per share sat at $1.06.
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.
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