5 Value Stocks To Watch In The Energy Sector
Understanding 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.
The following stocks are considered to be notable value stocks in the energy sector:
- Riley Exploration Permian (AMEX:REPX) - P/E: 4.5
- CNX Resources (NYSE:CNX) - P/E: 2.38
- TotalEnergies (NYSE:TTE) - P/E: 6.98
- Imperial Ptrl (NASDAQ:IMPP) - P/E: 0.09
- PermRock Royalty Trust (NYSE:PRT) - P/E: 5.65
Riley Exploration Permian saw a decrease in earnings per share from 1.36 in Q4 to $1.26 now. Most recently, the company reported a dividend yield of 3.1%, which has decreased by 1.75% from last quarter's yield of 4.85%.
Most recently, CNX Resources reported earnings per share at $0.55, whereas in Q4 earnings per share sat at $1.64. Most recently, the company reported a dividend yield of 0.5%, which has decreased by 0.07% from last quarter's yield of 0.57%.
TotalEnergies's earnings per share for Q1 sits at $2.61, whereas in Q4, they were at 2.97. The company's most recent dividend yield sits at 5.48%, which has increased by 0.78% from 4.7% last quarter.
Most recently, Imperial Ptrl reported earnings per share at $2.31, whereas in Q4 earnings per share sat at $1.05. PermRock Royalty Trust saw a decrease in earnings per share from 0.26 in Q4 to $0.18 now. Most recently, the company reported a dividend yield of 10.09%, which has increased by 3.47% from last quarter's yield of 6.62%.
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.