2019-05-08 11:35:00
6 UNDERVALUED ENERGY STOCKS
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Davide Tavazza, author. Experienced Investor with more than 20 years in the financial services industry. My investment approach encompass a range of strategies including listed undervalued securities , HY and distressed bonds. From January 2019 Investor, Owner and Author of the site Not Only Equity - www.notonlyequity.com (Investment and Analysis website). |
NOT ONLY EQUITY- Here an updated article on Energy stocks after my previous post I wrote on April.
Let's see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
For new readers , my preference go toward undervalued large companies with good competitive advantage (MOAT) with solid balance sheet, low debt and rich in cash flow.
In this updating I added a new filter : Eps forecast .
Metrics :
- Large Cap Energy Companies
- Competitive advantage (Moat) ≥ narrow
- Low Debt
- Positive FCF
- Positive EPS Forecast
- Trading lower than their Price/Fair Value (Morningstar DCF model)
- P/E or Fwd P/E ≤ benchmark (MSCI Energy Index)
- Dividend Yield higher than benchmark
Good reading , and do your own due diligence before investing. Thanks.
(Source : Morningstar, Finviz, Reuters, MSCI.com)
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Earlier:
2019, May, 6, 11:45:00
SHELL CCS EARNINGS $5.3 BLN
CCS earnings attributable to shareholders excluding identified items were $5.3 billion, reflecting lower realised chemicals and refining margins, decreased realised oil prices and lower tax credits, partly offset by stronger contributions from trading as well as increased realised LNG and gas prices compared with the first quarter 2018. In addition, there was a negative impact of $43 million related to the implementation of IFRS 16.
2019, May, 2, 16:10:00
BP'S RC PROFIT $2 BLN
For the first quarter, underlying replacement cost (RC) profit* was $2,358 million, compared with $2,586 million in 2018. Underlying RC profit is after adjusting RC profit* for a net charge for non-operating items* of $252 million and net adverse fair value accounting effects* of $11 million (both on a post-tax basis).
RC profit was $2,095 million for the first quarter, compared with $2,389 million in 2018.
2019, May, 2, 16:00:00
SHELL BUYBACK PROGRAMME TRANCHE $6.75 BLN
Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018.
2019, April, 22, 08:35:00
GAZPROM, SHELL: SAKHALIN ENERGY
The meeting participants praised the project operator, Sakhalin Energy, for its work.
2019, April, 15, 11:55:00
CHEVRON BUYS ANADARKO FOR $50 BLN
Chevron Corporation (NYSE: CVX) announced that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11th, 2019 and under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. The total enterprise value of the transaction is $50 billion.
2019, April, 12, 11:05:00
SHELL SELLS MEXICO $965 MLN
Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, signed an agreement yesterday to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiary of Delek Group Ltd (Delek). The total consideration for this deal is $965 million in cash.
2019, April, 8, 11:35:00
8 UNDERVALUED ENERGY STOCKS
Investors with a long-term horizons could give a look to Energy Industry. According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.
