Market Overview

A Look Into Energy Sector Value Stocks

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Understanding Value Stocks

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.

The following stocks are considered to be notable value stocks in the energy sector:

  1. TC Pipelines (NYSE: TCP) - P/E: 7.72
  2. Holly Energy Partners (NYSE: HEP) - P/E: 7.65
  3. Shell Midstream Partners (NYSE: SHLX) - P/E: 7.1
  4. Star Group (NYSE: SGU) - P/E: 9.44
  5. Hoegh LNG Partners (NYSE: HMLP) - P/E: 9.89

TC Pipelines’s earnings per share for Q3 sits at 0.9, whereas in Q2, they were at 0.78. The company’s most recent dividend yield sits at 8.7%, which has increased by 0.55% from 8.15% last quarter.

Holly Energy Partners has reported Q3 earnings per share at 0.45, which has increased by 12.5% compared to Q2, which was 0.4. 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%.

Shell Midstream Partners has reported Q3 earnings per share at 0.3, which has decreased by 6.25% compared to Q2, which was 0.32. The company’s most recent dividend yield sits at 20.04%, which has increased by 4.51% from 15.53% last quarter.

Star Group has reported Q3 earnings per share at 0.0, which has decreased by 100.0% compared to Q2, which was 1.03. Most recently, the company reported a dividend yield of 5.98%, which has decreased by 1.3% from last quarter’s yield of 7.28%.

Hoegh LNG Partners’s earnings per share for Q2 sits at 0.5, whereas in Q1, they were at 0.07. Its most recent dividend yield is at 15.22%, which has decreased by 1.87% from 17.09% in the previous 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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Posted-In: Earnings News Dividends Small Cap