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Relatively High Forward P/E Ratio Detected in Shares of Kosmos Energy Lt in the Oil & Gas Exploration & Production Industry (KOS, QEP, APC, RICE, WPX)

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 75.80. Following is Qep Resources In with a a forward P/E ratio of 61.92. Anadarko Petrole ranks third highest with a a forward P/E ratio of 42.70.

Rice Energy Inc follows with a a forward P/E ratio of 39.62, and Wpx Energy rounds out the top five with a a forward P/E ratio of 39.08.

SmarTrend recommended that subscribers consider buying shares of Rice Energy Inc on June 19th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $24.99. Since that recommendation, shares of Rice Energy Inc have risen 17.4%. We continue to monitor Rice Energy Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio kosmos energy lt qep resources in anadarko petrole :rice rice energy inc wpx energy

Ticker(s): KOS QEP APC WPX