Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

A Look Into Energy Sector Value Stocks

Author: Benzinga Insights | December 08, 2022 10:39am

What are 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. DCP Midstream (NYSE:DCP) - P/E: 7.69
  2. Centrus Energy (AMEX:LEU) - P/E: 4.2
  3. SilverBow Resources (NYSE:SBOW) - P/E: 1.65
  4. Flex LNG (NYSE:FLNG) - P/E: 8.47
  5. Murphy Oil (NYSE:MUR) - P/E: 7.14

DCP Midstream's earnings per share for Q3 sits at $1.5, whereas in Q2, they were at 1.77. Most recently, the company reported a dividend yield of 4.56%, which has decreased by 1.07% from last quarter's yield of 5.63%.

Most recently, Centrus Energy reported earnings per share at $-0.42, whereas in Q2 earnings per share sat at $2.51. This quarter, SilverBow Resources experienced an increase in earnings per share, which was $4.95 in Q2 and is now $6.29. Flex LNG's earnings per share for Q3 sits at $0.79, whereas in Q2, they were at 0.61. Most recently, the company reported a dividend yield of 8.61%, which has decreased by 6.24% from last quarter's yield of 14.85%.

Murphy Oil's earnings per share for Q3 sits at $1.84, whereas in Q2, they were at 1.93. The company's most recent dividend yield sits at 2.42%, which has decreased by 0.7% from 3.12% last quarter.

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.

Posted In: DCP FLNG LEU MUR SBOW