10 High Dividend Energy Stocks With Low P/E Ratios

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 |  Includes: BP, CEO, COP, E, PBR, PBR.A, RDS.A, RDS.B, STO, TOT
by: Insider Monkey

Defensive investors like stocks with high dividends because these stocks can protect them from inflationary risks. Additionally, companies in the energy sector are exposed to oil prices which will increase in case of runaway inflation. We are concerned about the Fed’s inflationary monetary policy and therefore we recommend investors to play defensively.

Below we compiled a list of 15 high dividend energy stocks with low P/E ratios. All companies have at least $10 billion market cap, dividend yield higher than 4%, and P/E ratio lower than 10.

Company Name

Symbol

Dividend Yield (%)

YTD Return (%)

P/E

BP PLC

BP

4.685

-18.31

5.7

ROYAL DUTCH SHELL

RDS.A

5.479

-8.59

6.8

TOTAL

TOT

7.795

-20.05

5.7

PETROBRAS

PBR

5.383

-37.81

5.8

CONOCOPHILLIPS

COP

4.223

-5.92

7.9

ROYAL DUTCH SHELL

RDS.B

5.387

-7.01

6.9

CNOOC LTD

CEO

4.198

-35.52

6.6

STATOIL ASA

STO

5.511

-9.46

5.4

ENI SPA

E

8.389

-18.53

6.8

PETROBRAS

PBR.A

5.882

-36.58

5.3

LUKOIL HOLDING

OTCPK:LUKOY

7.73

-14.29

3.3

SASOL LTD

SSL

4.533

-22.25

8.3

PETROCHINA CO LTD

PTR

4.449

-8.5

9.8

REPSOL YPF SA

OTCQX:REPYY

5.784

-6.91

4.7

SEADRILL LTD

SDRL

10.211

-8.36

6.7

Click to enlarge

The market data is sourced from Fidelity.

Here are the top 10 stocks on the list with the largest market cap.

BP Plc (NYSE:BP): BP is an international oil and gas company. BP has a dividend yield of 4.69% and lost 18.31% since the beginning of this year. It has a market cap of $113.3 billion and a P/E ratio of 5.7. Kenneth Mario Garschina had $364 million invested in BP. Eric Mindich had $248 million of BP shares (check out Mindich’s top stock picks).

Royal Dutch Shell Plc (NYSE:RDS.A): Shell is an independent oil and gas company. RDS.A has a dividend yield of 5.48% and lost 8.59% since the beginning of this year. It has a market cap of $111.6 billion and a P/E ratio of 6.8. Clint Carlson had $81 million of RDS shares.

Total (NYSE:TOT): TOTAL SA is a France-based integrated international oil and gas company. TOT has a dividend yield of 7.80% and lost 20.05% since the beginning of this year. It has a market cap of $92.8 billion and a P/E ratio of 5.7. Robert Rodriguez and Steven Romick invested $14 million in TOT shares.

Petroleo Brasileiro Sa (NYSE:PBR): Petrobras is a Brazilian integrated oil and gas company. PBR has a dividend yield of 5.38% and lost 37.81% since the beginning of this year. It has a market cap of $85.9 billion and a P/E ratio of 5.8. Jean-Marie Eveillard invested over $200 million in PBR shares.

ConocoPhillips (NYSE:COP): ConocoPhillips is an international, integrated energy company. COP has a dividend yield of 4.22% and lost 5.92% since the beginning of this year. It has a market cap of $85.8 billion and a P/E ratio of 7.9. Warren Buffett had $2.8 billion of COP shares (check out Warren Buffett’s top stock picks).

Royal Dutch Shell Plc (NYSE:RDS.B): RDS.B has a dividend yield of 5.39% and lost 7.01% since the beginning of this year. It has a market cap of $83.3 billion and a P/E ratio of 6.9.

CNOOC Ltd (NYSE:CEO): CNOOC Limited is a producer of offshore crude oil and natural gas. CEO has a dividend yield of 1.20% and lost 35.52% since the beginning of this year. It has a market cap of $68.3 billion and a P/E ratio of 6.6. Ken Fisher had over $400 million invested in CEO.

Statoil Asa (NYSE:STO): Statoil is an integrated energy company based in Norway. STO has a dividend yield of 5.51% and lost 9.46% since the beginning of this year. It has a market cap of $66.4B and a P/E ratio of 5.4. Israel Englander had over $5 million of STO shares (check out Israel Englander’s top stock picks).

Eni Spa (NYSE:E): Eni is engaged in the oil and gas exploration and production, gas marketing operations, management of gas infrastructures, power generation, petrochemicals, oil field services and engineering industries. E has a dividend yield of 8.39% and lost 18.53% since the beginning of this year. It has a market cap of $60.6B and a P/E ratio of 6.8. Jim Simons had over $10 million invested in E shares.

Petroleo Brasileiro Sa (NYSE:PBR.A): PBR.A has a dividend yield of 5.88% and lost 36.58% since the beginning of this year. It has a market cap of $58B and a P/E ratio of 5.3.

Disclosure: I am long COP.