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5 Value Stocks In The Energy Sector

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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. BP Midstream Partners (NYSE:BPMP) - P/E: 7.26
  2. TC Pipelines (NYSE:TCP) - P/E: 7.8
  3. Shell Midstream Partners (NYSE:SHLX) - P/E: 8.48
  4. China Petroleum & Chem (NYSE:SNP) - P/E: 9.91
  5. North American (NYSE:NOA) - P/E: 7.59

BP Midstream Partners's earnings per share for Q3 sits at 0.42, whereas in Q2, they were at 0.38. The company's most recent dividend yield sits at 10.78%, which has decreased by 3.0% from 13.78% last quarter.

TC Pipelines saw an increase in earnings per share from 0.78 in Q2 to 0.9 now. Its most recent dividend yield is at 8.39%, which has decreased by 0.31% from 8.7% in the previous quarter.

Shell Midstream Partners's earnings per share for Q3 sits at 0.3, whereas in Q2, they were at 0.32. Its most recent dividend yield is at 16.56%, which has decreased by 3.48% from 20.04% in the previous quarter.

China Petroleum & Chem's earnings per share for Q3 sits at 0.05, whereas in Q2, they were at -0.01. The company's most recent dividend yield sits at 4.66%, which has decreased by 6.52% from 11.18% last quarter.

North American saw a decrease in earnings per share from 0.32 in Q2 to 0.2 now. Its most recent dividend yield is at 1.92%, which has decreased by 0.13% from 2.05% 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.

 

Related Articles (NOA + BPMP)

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Posted-In: BZI-VSEarnings News Dividends

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