A Look Into Energy Sector Value Stocks
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified several value stocks in the energy sector that may be worth watching, including Pyxis Tankers (PXS), Seadrill (SDRL), PBF Energy (PBF), Frontline (FRO), and Callon Petroleum (CPE). These companies have shown changes in their earnings per share and dividend yields in the recent quarter. However, the risk of investing in a value stock is that the emergence from its undervalued position may never materialize.
October 19, 2023 | 2:39 pm
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POSITIVE IMPACT
Callon Petroleum reported an increase in Q2 earnings per share to $1.99 from $1.94 in Q1.
An increase in earnings per share could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Frontline reported an increase in earnings per share from $0.87 in Q1 to $0.94 in the recent quarter, and its dividend yield increased to 15.82%.
An increase in earnings per share and dividend yield could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Seadrill saw an increase in earnings per share from 0.83 in Q1 to $1.16 in the recent quarter, and its dividend yield increased to 11.1%.
An increase in earnings per share and dividend yield could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PBF Energy's earnings per share decreased from 2.76 in Q1 to $2.29 in Q2, and its dividend yield decreased to 1.69%.
A decrease in earnings per share and dividend yield could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Pyxis Tankers experienced a decrease in earnings per share from $0.71 in Q1 to $0.23 in the recent quarter.
A decrease in earnings per share could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100