Market Overview

Overview Of Value Stocks In The Energy Sector

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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. Holly Energy Partners (NYSE: HEP) - P/E: 6.06
  2. Overseas Shipholding Gr (NYSE: OSG) - P/E: 4.84
  3. CrossAmerica Partners (NYSE: CAPL) - P/E: 6.49
  4. Teekay Tankers (NYSE: TNK) - P/E: 1.51
  5. CONSOL Coal Resources (NYSE: CCR) - P/E: 9.87

Holly Energy Partners has reported Q2 earnings per share at 0.4, which has decreased by 16.67% compared to Q1, which was 0.48. Most recently, the company reported a dividend yield of 10.09%, which has decreased by 0.9% from last quarter’s yield of 10.99%.

Most recently, Overseas Shipholding Gr reported earnings per share at 0.07, whereas in Q1 earnings per share sat at 0.28. Overseas Shipholding Gr does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Most recently, CrossAmerica Partners reported earnings per share at 0.14, whereas in Q1 earnings per share sat at 2.0. Its most recent dividend yield is at 15.66%, which has decreased by 6.68% from 22.34% in the previous quarter.

Teekay Tankers’s earnings per share for Q2 sits at 2.39, whereas in Q1, they were at 3.27. The company’s most recent dividend yield sits at 10.91%, which has increased by 2.34% from 8.57% last quarter.

CONSOL Coal Resources has reported Q2 earnings per share at -0.28, which has decreased by 2900.0% compared to Q1, which was 0.01. The company’s most recent dividend yield sits at 20.79%, which has increased by 1.14% from 19.65% last quarter.

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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