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Renewable Energy has the Lowest P/E Ratio in the Oil & Gas Refining & Marketing Industry (REGI, PBF, HFC, PARR, MPC)

By Amy Schwartz

Below are the three companies in the Oil & Gas Refining & Marketing industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Renewable Energy ranks lowest with a a P/E ratio of 3.45. Following is Pbf Energy Inc-A with a a P/E ratio of 6.55. Hollyfrontier Co ranks third lowest with a a P/E ratio of 11.98.

Par Pacific Hold follows with a a P/E ratio of 15.11, and Marathon Petrole rounds out the bottom five with a a P/E ratio of 16.10.

SmarTrend recommended that subscribers consider buying shares of Renewable Energy on September 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $13.11. Since that recommendation, shares of Renewable Energy have risen 30.4%. We continue to monitor Renewable Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest p/e ratio renewable energy pbf energy inc-a hollyfrontier co par pacific hold marathon petrole