Top 5 Companies in the Oil & Gas Exploration & Production Industry With the Highest Forward Earnings Yield (NOG, EVEP, OAS, DVN, VNR)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest 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.
Northern Oil And Gas ranks highest with a forward earnings yield of 17.0%. Following is EV Energy Partner with a forward earnings yield of 14.7%. Oasis Petroleum ranks third highest with a forward earnings yield of 9.5%.
Devon Energy follows with a forward earnings yield of 6.9%, and Vanguard Natural Resources rounds out the top five with a forward earnings yield of 5.4%.
SmarTrend recommended that its subscribers protect gains by selling shares of Northern Oil And Gas on May 9th, 2016 by issuing a Downtrend alert when the shares were trading at $4.66. Since that call, shares of Northern Oil And Gas have fallen 5.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest forward earnings yield amex:nog northern oil and gas ev energy partner oasis petroleum devon energy vanguard natural resources