Market Overview

A Look Into Energy Sector Value Stocks

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The Meaning Behind 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 labeled as a value stock.

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

  1. Delek Logistics Partners (NYSE: DKL) - P/E: 9.92
  2. Teekay Tankers (NYSE: TNK) - P/E: 1.59
  3. BP Prudhoe Bay (NYSE: BPT) - P/E: 1.48
  4. Euronav (NYSE: EURN) - P/E: 3.05
  5. Diamond S Shipping (NYSE: DSSI) - P/E: 3.28

Delek Logistics Partners saw an increase in earnings per share from 0.76 in Q1 to 1.18 now. The company’s most recent dividend yield sits at 14.0%, which has decreased by 24.7% from 38.7% last quarter.

Teekay Tankers has reported Q2 earnings per share at 2.39, which has decreased by 26.91% compared to Q1, which was 3.27. The company’s most recent dividend yield sits at 10.91%, which has increased by 2.34% from 8.57% last quarter.

Most recently, BP Prudhoe Bay reported earnings per share at 0.0, whereas in Q1 earnings per share sat at 0.42. Its most recent dividend yield is at 0.0%, which has ('', 'not changed') by 0.0% from 0.0% in the previous quarter.

This quarter, Euronav experienced an increase in earnings per share, which was 1.05 in Q1 and is now 1.21. The company’s most recent dividend yield sits at 19.03%, which has increased by 14.09% from 4.94% last quarter.

This quarter, Diamond S Shipping experienced an increase in earnings per share, which was 1.12 in Q1 and is now 1.14. Diamond S Shipping does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

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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Posted-In: Earnings News Penny Stocks Dividends