Top 5 Companies in the Oil & Gas Exploration & Production Industry With the Highest PEG Ratio (EOG, NBL, RRC, CXO, VNR)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
EOG Resources ranks highest with a a PEG ratio of 261.23. Following is Noble Energy with a a PEG ratio of 207.05. Range Resources ranks third highest with a a PEG ratio of 11.77.
Concho Resources follows with a a PEG ratio of 10.97, and Vanguard Natural Resources rounds out the top five with a a PEG ratio of 7.88.
SmarTrend recommended that subscribers consider buying shares of Vanguard Natural Resources on July 13th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $1.65. Since that recommendation, shares of Vanguard Natural Resources have risen 8.8%. We continue to monitor Vanguard Natural Resources for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest peg ratio EOG Resources Noble Energy range resources concho resources vanguard natural resources