What Defines 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.

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

1. Euronav EURN - P/E: 6.68
2. Green Plains Partners GPP - P/E: 4.45
3. ECA Marcellus Trust I ECT - P/E: 5.2
4. TC Pipelines TCP - P/E: 8.8
5. Magellan Midstream MMP - P/E: 9.48

Euronav’s earnings per share for Q2 sits at 1.21, whereas in Q1, they were at 1.05. Most recently, the company reported a dividend yield of 4.94%, which has increased by 2.94% from last quarter’s yield of 2.0%.

Green Plains Partners saw a decrease in earnings per share from 0.44 in Q1 to 0.43 now. Most recently, the company reported a dividend yield of 6.23%, which has decreased by 3.67% from last quarter’s yield of 9.9%.

ECA Marcellus Trust I saw a decrease in earnings per share from 0.02 in Q4 to 0.0 now. Most recently, the company reported a dividend yield of 12.77%, which has increased by 4.92% from last quarter’s yield of 7.85%.

TC Pipelines has reported Q2 earnings per share at 0.78, which has decreased by 35.54% compared to Q1, which was 1.21. Its most recent dividend yield is at 8.15%, which has increased by 0.54% from 7.61% in the previous quarter.

Magellan Midstream has reported Q2 earnings per share at 0.65, which has decreased by 49.22% compared to Q1, which was 1.28. Most recently, the company reported a dividend yield of 9.78%, which has decreased by 0.61% from last quarter’s yield of 10.39%.

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.