Low Oil Stocks

The six supermajors are the largest publicly traded oil companies.

Low oil stocks. Leggate says oil supermajor exxon mobil is one of the best dividend yield plays in the energy sector. These are the oil and gas penny stocks with the lowest 12 month trailing price to earnings p e ratio. Exxon shares are down about 40 in 2020 pushing the stock s dividend yield to 8 4. The longer oil prices remain low the more oil companies will go bankrupt.

Because profits can be returned to shareholders in the. 9 oil stocks to buy when oil prices are low. Overall at just about 40 per share xom stock is trading 43 lower than where it. For now it s a perfect storm for oil prices and only the best oil stocks will survive.

Oil fell more than 2 on wednesday reversing course as gasoline demand fell in the united states in the latest week an indication that economic recovery from the pandemic may be slower than. Because profits can be returned to shareholders in the form of dividends and buybacks a low p e. Currency against a basket of six major rivals fell to a more than two year low earlier in the week. This ability to execute low cost production should help exxon stay profitable even while oil prices remain low.

These are the oil gas stocks with the lowest 12 month trailing price to earnings p e ratio. This presents better buying opportunities for the big companies. Top oil stocks drop more than 50. Low cost of operations or less.

All of that would make fang an attractive buy but the stock is now down nearly 50 from its pre bear market value. With the low point of entry the high yield dividend and the company s solid. Credit getty images there s value within the energy sector. Learn how to invest your money in the best oil companies in 2020.

Best value oil and gas penny stocks.