5 Value Stocks To Watch In The Energy Sector
Portfolio Pulse from Benzinga Insights
The article highlights five energy sector stocks considered as value stocks due to their low P/E multiples: Pyxis Tankers (PXS), HF Sinclair (DINO), TotalEnergies (TTE), Tsakos Energy Navigation (TNP), and Par Pacific Holdings (PARR). It details recent earnings per share increases for these companies, with HF Sinclair and Par Pacific showing significant growth. The piece emphasizes the potential for value stocks to rebound but also notes the risk of non-materialization.
February 01, 2024 | 2:39 pm
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POSITIVE IMPACT
HF Sinclair saw its EPS increase from $2.6 to $4.06, with a dividend yield of 3.23%. Its low P/E of 4.91 suggests undervaluation.
The significant EPS increase and solid dividend yield, combined with a low P/E, make DINO an attractive option for value investors.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Par Pacific Holdings saw its EPS increase from $1.73 to $3.15. With a P/E of 4.26, it's positioned as a promising value stock.
The significant EPS growth suggests strong performance, making PARR an attractive option for investors seeking undervalued stocks.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Pyxis Tankers reported an increase in EPS from $0.23 to $0.26. As a value stock with a low P/E of 2.63, it shows potential for growth.
The increase in EPS indicates a positive performance trend, which could attract investors looking for undervalued stocks with growth potential.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
TotalEnergies reported a 32.16% increase in EPS to $2.63, with a dividend yield of 4.71%. Its P/E of 8.3 indicates potential undervaluation.
The substantial EPS growth and high dividend yield, against a backdrop of a moderate P/E, position TTE as a compelling value stock.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
NEUTRAL IMPACT
Tsakos Energy Navigation reported a decrease in EPS from $1.65 to $0.83. Despite this, its very low P/E of 2.15 may interest value investors.
The EPS decrease might concern some investors, but the extremely low P/E suggests the stock could still be undervalued, offering potential upside.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80