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.
The following stocks are considered to be notable value stocks in the energy sector:
- HighPeak Energy HPK – P/E: 6.15
- Green Plains Partners GPP – P/E: 7.74
- Liberty Energy LBRT – P/E: 4.5
- Teekay TK – P/E: 4.96
- Ovintiv OVV – P/E: 2.17
Most recently, HighPeak Energy reported earnings per share at $0.39, whereas in Q4 earnings per share sat at $0.53. The company’s most recent dividend yield sits at 0.42%, which has (”, ‘not changed’) by 0.0% from 0.42% last quarter.
Green Plains Partners saw an increase in earnings per share from 0.41 in Q4 to $0.42 now. Its most recent dividend yield is at 14.05%, which has increased by 0.3% from 13.75% in the previous quarter.
Liberty Energy saw an increase in earnings per share from 0.82 in Q4 to $0.9 now. Most recently, the company reported a dividend yield of 1.51%, which has increased by 0.16% from last quarter’s yield of 1.35%.
Teekay’s earnings per share for Q1 sits at $0.52, whereas in Q4, they were at 0.44. Most recently, the company reported a dividend yield of 5.66%, which has increased by 2.47% from last quarter’s yield of 3.19%.
This quarter, Ovintiv experienced an increase in earnings per share, which was $0.91 in Q4 and is now $1.82. Most recently, the company reported a dividend yield of 3.33%, which has increased by 1.14% from last quarter’s yield of 2.19%.
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.