5 Value Stocks In The Energy Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Ranger Energy Services (NYSE:RNGR), Granite Ridge Resources (NYSE:GRNT), PBF Energy (NYSE:PBF), W&T Offshore (NYSE:WTI), and San Juan Basin Royalty (NYSE:SJT). These companies have low P/E multiples, indicating they may be undervalued. However, the risk of investing in a value stock is that its price may never rebound.
October 12, 2023 | 2:39 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Granite Ridge Resources has a P/E of 4.45 and its Q2 earnings per share is $0.19.
Granite Ridge Resources is considered a value stock due to its low P/E multiple. However, its Q2 earnings per share have decreased from Q1, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
PBF Energy has a P/E of 1.99 and its Q2 earnings per share is $2.29.
PBF Energy is considered a value stock due to its low P/E multiple. However, its Q2 earnings per share have decreased from Q1, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
Ranger Energy Services has a P/E of 9.64 and its Q2 earnings per share is $0.24.
Ranger Energy Services is considered a value stock due to its low P/E multiple. However, its Q2 earnings per share have slightly decreased from Q1, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
San Juan Basin Royalty has a P/E of 3.69 and its Q2 earnings per share is $0.17.
San Juan Basin Royalty is considered a value stock due to its low P/E multiple. However, its Q2 earnings per share have decreased from Q1, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
W&T Offshore has a P/E of 4.79 and its Q2 earnings per share is $-0.08.
W&T Offshore is considered a value stock due to its low P/E multiple. However, its Q2 earnings per share have decreased from Q1, which may impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100