5 Value Stocks In The Energy Sector
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.
Below is a list of notable value stocks in the energy sector:
- Profire Energy (NASDAQ:PFIE) - P/E: 8.95
- Drilling Tools Intl (NASDAQ:DTI) - P/E: 5.87
- North European Oil (NYSE:NRT) - P/E: 2.45
- Marathon Petroleum (NYSE:MPC) - P/E: 5.56
- Smart Sand (NASDAQ:SND) - P/E: 6.6
Most recently, Profire Energy reported earnings per share at $0.04, whereas in Q2 earnings per share sat at $0.06. This quarter, Drilling Tools Intl experienced an increase in earnings per share, which was $0.05 in Q2 and is now $0.14. Most recently, North European Oil reported earnings per share at $0.0, whereas in Q3 earnings per share sat at $0.21. The company's most recent dividend yield sits at 5.61%, which has decreased by 25.0% from 30.61% last quarter.
Most recently, Marathon Petroleum reported earnings per share at $8.14, whereas in Q2 earnings per share sat at $5.32. The company's most recent dividend yield sits at 2.22%, which has decreased by 0.11% from 2.33% last quarter.
Smart Sand has reported Q3 earnings per share at $0.18, which has increased by 5.88% compared to Q2, which was 0.17.
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.