A Look Into Energy Sector Value Stocks

What is a Value Stock?

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. Frontline FRO - P/E: 7.53
  2. Canadian Natural Res CNQ - P/E: 8.56
  3. California Resources CRC - P/E: 5.93
  4. Berry Corp BRY - P/E: 2.65
  5. ProFrac Holding ACDC - P/E: 5.73

Frontline's earnings per share for Q4 sits at $0.97, whereas in Q3, they were at 0.37. Most recently, the company reported a dividend yield of 15.82%, which has increased by 14.5% from last quarter's yield of 1.32%.

Canadian Natural Res has reported Q4 earnings per share at $1.46, which has decreased by 38.4% compared to Q3, which was 2.37. Its most recent dividend yield is at 4.57%, which has increased by 0.44% from 4.13% in the previous quarter.

California Resources saw a decrease in earnings per share from 1.45 in Q3 to $1.24 now. The company's most recent dividend yield sits at 2.92%, which has increased by 0.42% from 2.5% last quarter.

This quarter, Berry Corp experienced an increase in earnings per share, which was $0.55 in Q3 and is now $0.95. ProFrac Holding's earnings per share for Q4 sits at $0.82, whereas in Q3, they were at 1.09.

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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