Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Overview Of Value Stocks In The Energy Sector

What are Value Stocks?

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Below is a list of notable value stocks in the energy sector:

  1. Barnwell Industries (AMEX:BRN) - P/E: 3.53
  2. NACCO Industries (NYSE:NC) - P/E: 7.42
  3. Flex LNG (NYSE:FLNG) - P/E: 9.45
  4. Cosan (NYSE:CSAN) - P/E: 6.84
  5. Callon Petroleum (NYSE:CPE) - P/E: 8.7

Most recently, Barnwell Industries reported earnings per share at $0.11, whereas in Q4 earnings per share sat at $0.16. NACCO Industries saw a decrease in earnings per share from 3.47 in Q3 to $1.07 now. Most recently, the company reported a dividend yield of 2.72%, which has increased by 0.32% from last quarter's yield of 2.4%.

Flex LNG has reported Q4 earnings per share at $1.18, which has increased by 96.67% compared to Q3, which was 0.6. Most recently, the company reported a dividend yield of 13.7%, which has increased by 0.43% from last quarter's yield of 13.27%.

Most recently, Cosan reported earnings per share at $0.48, whereas in Q3 earnings per share sat at $1.34. Callon Petroleum has reported Q4 earnings per share at $2.66, which has decreased by 9.22% compared to Q3, which was 2.93.

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.