Highest Forward Earnings Yield in the Oil & Gas Exploration & Production Industry Detected in Shares of Northern Oil And Gas (NOG, EVEP, OAS, DVN, VNR)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
Northern Oil And Gas ranks highest with a forward earnings yield of 15.4%. EV Energy Partner is next with a forward earnings yield of 13.6%. Oasis Petroleum ranks third highest with a forward earnings yield of 9.4%.
Devon Energy follows with a forward earnings yield of 8.0%, and Vanguard Natural Resources rounds out the top five with a forward earnings yield of 4.7%.
SmarTrend recommended that subscribers consider buying shares of Northern Oil And Gas on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $3.10. Since that recommendation, shares of Northern Oil And Gas have risen 55.1%. We continue to monitor Northern Oil And Gas for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield amex:nog northern oil and gas ev energy partner oasis petroleum devon energy vanguard natural resources