Relatively Low Forward Earnings Yield Detected in Shares of Occidental Petroleum in the Integrated Oil & Gas Industry (OXY, CVX, XOM, BP, LUKOY)
Below are the three companies in the Integrated Oil & Gas industry with the lowest 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.
Occidental Petroleum ranks lowest with a forward earnings yield of 0.4%. Chevron is next with a forward earnings yield of 3.3%. Exxon Mobil ranks third lowest with a forward earnings yield of 4.5%.
BP follows with a forward earnings yield of 6.4%, and Lukoil OAO rounds out the bottom five with a forward earnings yield of 12.4%.
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 earnings yield Occidental Petroleum Chevron Exxon Mobil lukoil oao