Lukoil OAO is Among the Companies in the Integrated Oil & Gas Industry With the Lowest Forward P/E Ratio (LUKOY, BP, XOM, CVX, OXY)
Below are the three companies in the Integrated Oil & Gas industry with the lowest 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.
Lukoil OAO ranks lowest with a a forward P/E ratio of 6.95. BP is next with a a forward P/E ratio of 15.58. Exxon Mobil ranks third lowest with a a forward P/E ratio of 21.40.
Chevron follows with a a forward P/E ratio of 24.24, and Occidental Petroleum rounds out the bottom five with a a forward P/E ratio of 65.22.
SmarTrend recommended that subscribers consider buying shares of Occidental Petroleum on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $65.42. Since that recommendation, shares of Occidental Petroleum have risen 16.7%. We continue to monitor Occidental Petroleum for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio lukoil oao Exxon Mobil Chevron Occidental Petroleum