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.

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

1. Hoegh LNG Partners HMLP - P/E: 9.86
2. Teekay LNG Partners TGP - P/E: 8.29
3. DHT Holdings DHT - P/E: 2.77
4. Renewable Energy Group REGI - P/E: 4.11
5. Talos Energy TALO - P/E: 3.83

This quarter, Hoegh LNG Partners experienced an increase in earnings per share, which was 0.07 in Q1 and is now 0.5. Its most recent dividend yield is at 15.22%, which has decreased by 1.87% from 17.09% in the previous quarter.

Teekay LNG Partners’s earnings per share for Q2 sits at 0.67, whereas in Q1, they were at 0.58. Its most recent dividend yield is at 9.22%, which has increased by 0.2% from 9.02% in the previous quarter.

DHT Holdings saw an increase in earnings per share from 0.44 in Q1 to 0.81 now. The company’s most recent dividend yield sits at 33.51%, which has increased by 10.06% from 23.45% last quarter.

Most recently, Renewable Energy Group reported earnings per share at 0.02, whereas in Q1 earnings per share sat at 1.72. Renewable Energy Group does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Talos Energy saw a decrease in earnings per share from 0.27 in Q1 to -0.45 now. Talos Energy does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

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.