Like a Deal? Pick These Oil Stocks
A lot of people love a great deal. Its always nice to find a value stock with great potential for profits. If these types of stocks interest you, and I don’t know why they wouldn’t, take a closer look at these stocks. Stookle deeper evaluates these stocks.
Denbury Resources Inc (DNR): Denbury Resources Inc. engages in the acquisition, exploitation, drilling and extraction of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana and Alabama. The company has a ROA of 4.1% and a ROE of 8.6%. The company is trading with a ROIC of 5.4%. The stock is expected to grow at 36.10 % over the next 5 years. The company is expected to earn $1.64 per share next year. The company is valued at $31.4 using DEM. The company has a GY2PE of 2.70. DNR is currently trading at $20.72, raising $4.4 or 27% this year.
Nabors Industries Ltd (NBR): Nabors Industries Ltd. is an oil, natural gas and geothermal drilling contractor operating on land throughout the Americas, the Middle East, the Far East, and Africa. The company also provides many support services for both offshore and onshore oil drilling and for well-servicing operations. The company has a ROA of 0.9% and a ROE of 1.8%. The company is trading with a ROIC of 1.0%. The stock is expected to grow at 17.33 % over the next 5 years. The company is expected to earn $2.76 per share next year. The company is valued at $36.5 using DEM. The company has a GY2PE of 1.98. NBR is currently trading at $22.00, raising $3 or 16% this year.
These are two favorite picks. These are a couple stocks that are new to the website, so we wanted to share them with you because of their great potential. Additional research is always important, to keep on researching!
Quotes taken from report by Stookle, Find additional research here.
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