Tuesday, 17 March 2020 06:04

Midstream pushing oil-gas quotations up

Recent market data indicate a significant reassessment of the risks of coronavirus impact on the real sector of the world economy, associated with the oil and gas industry

The shares of high-tech majors such as Royal Dutch Shell Plc. (RDS.A), Exxon Mobil Corp. (XOM) and France's Total SA (TOT), represented by the Vanguard Energy ETF (VDE), fell 53.7% compared with the S & P 500's 6.2% decline as of March 13, 2020.

Despite this, companies that own infrastructure and transport fleet for oil and LNG transportation were among the top leaders on growth of profits in global listings.

Below given are the top 3 oil and gas stocks with the best value, fastest profit growth, and best momentum as of March 13, 2020. In particular, YCharts published companies with the highest growth impulse according to annual and quarterly indicators.

 

BEST VALUE OIL & GAS STOCKS

 

Price ($)

Market Cap ($B)

12-Month Trailing P/E Ratio

Currency Code

Ovintiv Inv. (OVV.TO)

3.55

0.9

0.4

CAD

Southwestern Energy Co. (SWN)

1.48

0.8

0.9

USD

Murphy Oil Corp. (MUR)

6.42

1.0

0.9

USD

Source: YCharts

The table shows the shares of companies with the lowest price- to- earnings (P / E) ratio in the past 12 months. Since profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you pay less for every dollar of profit you make.

Ovintiv Inc .: Canadian Ovintiv is an energy company specializing in oil, natural gas and related products. In response to the turmoil in the global oil market, Ovintiv announced on March 12 that it would reduce capital investment in the second quarter by $ 300 million.

∙ Southwestern Energy Co .: Southwestern Energy is engaged in exploration , development and production of natural gas and oil.

∙ Murphy Oil Corp .: Murphy Oil is a global oil and gas exploration and production company operating primarily in the United States and the United Kingdom. The company recently reduced its capital expenditure plans for 2020 by 35%, down to around $950 million.

FASTEST GROWING OIL & GAS STOCKS

 

Price ($)

Market Cap ($B)

EPS Growth (%)

Teekay LNG Partners LP (TGP)

9.11

0.7

40,340

Euronav NV (EURN)

9.55

2.1

2,370

Cheniere Energy Inc. (LNG)

35.36

9.0

1,180

Source: YCharts

Listed above are the companies with the highest year-on-year profit growth (YOY) for the last quarter. Revenue growth shows that the company's business is growing and making more money than it can reinvest or return to shareholders.

∙ Teekay LNG Partners LP: Teekay LNG Partners owns and operates a fleet of liquefied natural gas (LNG) carriers used for marine transportation of oil and gas products. In the fiscal year of 2019, Teekay LNG partners reported that net profit per one unit of product increased by 136%.

∙ Euronav NV: Euronav  is a shipping company that operates tankers to transport crude oil. The company is based in Belgium.

∙ Cheniere Energy Inc .: Cheniere operates LNG terminals and pipelines in Louisiana and Texas. In the fiscal year of 2019, Cheniere's revenue was $9.7 billion,  22%  higher than  the previous year.

These are the oil & gas stocks that had the highest total return in the last 12 months.

OIL & GAS STOCKS WITH THE MOST MOMENTUM

 

Price ($)

Market Cap ($B)

12-Month Trailing Price Change (%)

Teekay Tankers Ltd. (TNK)

16.52

0.6

104.5

DHT Holdings Inc. (DHT)

6.51

1.0

58.0

Frontline Ltd. (FRO)

8.97

1.8

46.0

S&P 500

N/A

N/A

-6.2

Vanguard Energy ETF (VDE)

N/A

N/A

-53.7

Source: YCharts

. Teekay Tankers Ltd is a Canadian oil company that provides services for transporting oil in mid-sized tankers.

. DHT Holdings Inc:Танкернаякомпанияпоперевозкесыройнефти DHL Holdings is tanker company providing credo oil transportation  and services to a number of other oil-gas industry companies. In the 4th quarter of 2019, DHT reported about revenues worth $191.8 million and gained from transportation, which is 83.2% higher than the figures of the previous year.

∙ Frontline Ltd.: Frontline Ltd. operates one of the largest fleets of tankers designed for transportation of crude oil and refined products.

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