Overview Of 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: Scorpio Tankers (STNG), Diamondback Energy (FANG), Valero Energy (VLO), Suncor Energy (SU), and Baytex Energy (BTE). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings per share and dividend yield changes for each company are also reported.
November 09, 2023 | 2:39 pm
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POSITIVE IMPACT
Diamondback Energy saw an increase in earnings per share.
The increase in earnings per share is generally seen as a positive sign and could lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Suncor Energy saw an increase in earnings per share and dividend yield.
The increase in both earnings per share and dividend yield is generally seen as a positive sign and could lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Scorpio Tankers reported a decrease in earnings per share and an increase in dividend yield.
While the decrease in earnings per share could negatively impact the stock price, the increase in dividend yield could attract investors, potentially balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Valero Energy experienced an increase in earnings per share and a decrease in dividend yield.
The increase in earnings per share could positively impact the stock price, but the decrease in dividend yield could deter some investors, potentially balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Baytex Energy reported a decrease in earnings per share and dividend yield.
The decrease in both earnings per share and dividend yield could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100