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Kosmos Energy Lt has the Highest Forward P/E Ratio in the Oil & Gas Exploration & Production Industry (KOS, PHX, WPX, APA, MRO)

By Amy Schwartz

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Kosmos Energy Lt ranks highest with a a forward P/E ratio of 47.75. Following is Panhandle Oil-A with a a forward P/E ratio of 27.72. Wpx Energy ranks third highest with a a forward P/E ratio of 24.96.

Apache Corp follows with a a forward P/E ratio of 24.14, and Marathon Oil rounds out the top five with a a forward P/E ratio of 22.58.

SmarTrend recommended that subscribers consider buying shares of Kosmos Energy Lt on January 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $4.50. Since that recommendation, shares of Kosmos Energy Lt have risen 37.1%. We continue to monitor Kosmos Energy Lt for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio kosmos energy lt panhandle oil-a wpx energy Apache Corp Marathon Oil

Ticker(s): KOS PHX WPX APA MRO