CRC, NOG, and VTNR are top for value, growth, and momentum, respectively
The oil & gas
industry comprises upstream companies that explore and produce energy,
midstream pipeline companies that transport and store energy, and
downstream companies that refine oil and gas into finished products.
Additionally, there are companies that provide oilfield drilling
equipment and services. Some also manufacture and maintain equipment
used in production. The industry's biggest companies are
Netherlands-based Royal Dutch Shell PLC (RDS.A), U.K.-based BP PLC (BP), and Exxon Mobil Corp. (XOM).
Oil demand and prices collapsed in the spring of 2020 as COVID-19
prompted governments to shut down commerce and require millions of
people to stay at home. However, crude oil prices have recovered after
governments have gradually permitted businesses to reopen, and new
vaccines have opened the door to an economic recovery.
The oil & gas industry is best represented by the Energy Select Sector SPDR ETF (XLE).
While the energy sector consists of non-oil & -gas companies, its
dominant components are from the oil & gas industry. Therefore, the
energy sector's performance is a good benchmark for the oil & gas
sector as a whole. The XLE ETF posted a total return of 54.2% over the
last year, outperforming the Russell 1000's 37.1% total return.1 These market performance figures and all statistics in the tables below are as of Sept. 10, 2021.
Here are the top 3 oil and gas stocks with the best value, the fastest growth, and the most momentum.
These are the oil and gas stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio.
Because profits can be returned to shareholders in the form of
dividends and buybacks, a low P/E ratio shows you’re paying less for
each dollar of profit generated.
California Resources Corp.: California Resources is an independent oil and natural gas exploration & production (E&P) company with operations located in California.
Baytex Energy Corp.: Baytex Energy is a
Canada-based oil and gas company. It is focused on the acquisition,
development, and production of crude oil and natural gas in both Canada
and the U.S.
Surgutneftegas PJSC: Surgutneftegas is a
Russia-based oil and gas company engaged in exploration, drilling and
production, oil refining, and gas processing. Its E&P operations are
located in three of Russia's oil and gas provinces.
These are the top oil and gas stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly YOY percentage revenue growth and their most recent quarterly YOY earnings-per-share (EPS) growth.
Both sales and earnings are critical factors in the success of a
company. Therefore, ranking companies by only one growth metric makes a
ranking susceptible to the accounting anomalies of that quarter (such as
changes in tax law or restructuring costs) that may make one or the
other figure unrepresentative of the business in general. Companies with
quarterly EPS or revenue growth of over 2,500% were excluded as
outliers.
Northern Oil & Gas Inc.: Northern Oil & Gas
is an independent energy company engaged in the acquisition,
exploration, development, and production of oil and natural gas
properties. Its operations are located in different regions throughout
the U.S. The company announced in early August that it was increasing
its quarterly common stock dividend by 50% compared to the prior
quarter. The dividend will be payable on Oct. 29, 2021 to shareholders
of record as of the close of business on Sept. 30, 2021.2
Northern Oil & Gas reported negative EPS in the most recent
quarter, which is why an EPS growth rate could not be calculated for the
above table.3
Spartan Delta Corp.: Spartan Delta is a
Canada-based oil and gas company engaged in the exploration,
development, and production of petroleum and natural gas properties in
western Canada. The company announced at the end of August that it has
completed its previously announced acquisition of Velvet Energy Ltd., a
privately held light-oil producer, for CA$751.5 million ($593.7
million).45
Continental Resources Inc.: Continental Resources
is a crude oil and natural gas company. It is focused on the exploration
and production of oil and natural gas properties in various regions
throughout the U.S. The company announced in late July that it would pay
a $0.15 quarterly dividend on Aug. 20, 2021, representing a 36.4%
increase from the dividend paid in Q2 2021.6
Continental Resources reported negative EPS in the year-ago quarter
compared to positive EPS in the most recent quarter, which is why an EPS
growth rate could not be calculated for the above table.7
These are the oil and gas stocks that had the highest total return over
the last 12 months. Companies with total returns over 2,500% were
excluded as outliers.
Vertex Energy Inc.: Vertex Energy is a specialty
refiner of alternative feedstocks and marketer of high-purity petroleum
products. The company supplies base oils to the lubricant manufacturing
industry in North America. Vertex Energy announced in late June that it
has agreed to sell its portfolio of used motor oil collection and
recycling assets to Safety-Kleen Systems Inc., a subsidiary of Clean
Harbors Inc. (CLH), for $140 million. The transaction is expected to close during the third quarter of 2021.8
SM Energy Co.: SM Energy is an independent energy
company engaged in the exploration, development, and production of crude
oil and natural gas. Its operations are located in various regions
throughout the U.S.
Centennial Resource Development Inc.: Centennial
Resource Development is an independent oil and natural gas company. It
is focused on developing oil and natural gas reserves in the Permian
Basin.
The comments, opinions and analyses expressed herein are for
informational purposes only and should not be considered individual
investment advice or recommendations to invest in any security or to
adopt any investment strategy. While we believe the information provided
herein is reliable, we do not warrant its accuracy or completeness. The
views and strategies described on our content may not be suitable for
all investors. Because market and economic conditions are subject to
rapid change, all comments, opinions, and analyses contained within our
content are rendered as of the date of the posting and may change
without notice. The material is not intended as a complete analysis of
every material fact regarding any country, region, market, industry,
investment, or strategy.
現在分析股市，可以把股份分為兩大類，一類是復甦概念股（reopening stock），本欄經常提及的再膨脹交易屬於這一類別，另一類則為疫情受惠股，或稱為留家概念股（stay home stock），科技股、超市股等屬於此類。目前，兩股勢力在較勁，未分勝負。本來，Delta變種在傳媒轟炸式報道下，令留家概念股在上周初段佔盡上風，復甦概念股重要指標羅素2000指數在上周三就曾跑輸納指超過2%，但縱使西方各大傳媒把Delta變種爆發比喻為世界末日，可是一看周五的美國就業數據，發現美國勞工市場仍然強勁復甦，僱主怕請不到人上班多過怕病死，有分析指目前美國招聘職位比尋找工作的人多，出現有工沒人做的艱難情況（艱難者，僱主是也），僱主很有可能要大幅提高工資吸引美國人重回就業市場。美國股市，最怕上市公司分享經濟復甦成果給員工，因此周五就業數據一出，市場重新憂慮通脹風險，會刺激聯儲局提早加息，息口敏感的納指下跌，幸好有Delta變種疫情爆發的消息頂住，跌幅有限。全周埋單計，羅素2000指數追回周初的失地，跟納指雙雙升約1%，可見復甦概念股vs留家概念股的勝負未分。
勢力在較勁，未分勝負。本來，Delta變種在傳媒轟炸式報道下，令留家概念股在上周初段佔盡上風，復甦概念股重要指標羅素2000指數在上周三就曾跑輸納指超過2%，但縱使西方各大傳媒把Delta變種爆發比喻為世界末日，可是一看周五的美國就業數據，發現美國勞工市場仍然強勁復甦，僱主怕請不到人上班多過怕病死，有分析指目前美國招聘職位比尋找工作的人多，出現有工沒人做的艱難情況（艱難者，僱主是也），僱主很有可能要大幅提高工資吸引美國人重回就業市場。美國股市，最怕上市公司分享經濟復甦成果給員工，因此周五就業數據一出，市場重新憂慮通脹風險，會刺激聯儲局提早加息，息口敏感的納指下跌，幸好有Delta變種疫情爆發的消息頂住，跌幅有限。全周埋單計，羅素2000指數追回周初的失地，跟納指雙雙升約1%，可見復甦概念股vs留家概念股的勝負未分。