• Return to Headlines

Shares of Lukoil OAO Rank the Lowest in Terms of Forward P/E Ratio in the Integrated Oil & Gas Industry (LUKOY, BP, XOM, CVX, OXY)

By Amy Schwartz

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 7.07. Following is BP with a a forward P/E ratio of 15.50. Exxon Mobil ranks third lowest with a a forward P/E ratio of 20.35.

Chevron follows with a a forward P/E ratio of 23.65, and Occidental Petroleum rounds out the bottom five with a a forward P/E ratio of 59.03.

SmarTrend recommended that subscribers consider buying shares of Lukoil OAO on July 5th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $42.72. Since that recommendation, shares of Lukoil OAO have risen 11.2%. We continue to monitor Lukoil OAO 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

Ticker(s): LUKOY BP XOM CVX OXY