Entering text into the input field will update the search result below

Narrowing Down The Best Oil and Gas Dividend Stocks

Apr. 15, 2011 12:50 PM ETBP, COP, CVX, E, ET, SHEL, EQNR, TTE, XOM
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Oil and Gas Stocks

Photo Credit.

Awhile back we posted a great article, Dividend Stocks: Best 100, that included a chart of the top 100 dividend stocks for this year. The chart included a variety of different stocks, including some energy stocks. However, for you tried and true oil and gas investors out there, we have narrowed it down for you. The majority of these stocks we have been watching for some time now, and you can find all of our picks and additional info on these companies right on our website. Check out our2011 stocks for even more info on these recommendations. Although, Investment Underground has done a great job of breaking these stocks down into concise summaries. Check ‘em out.

BP p.l.c. (BP): BP p.l.c. is still recovering from the April 2010, oil spill, reporting profit and operating margins in the negatives at -1.25% and -4.58%, respectively. However, the company is set to acquire major interest in Companhia Nacional de Açúcar e Álcool (CNAA), which will be BP’s largest deal in alternative energy. BP has a forward P/E if 6.87 and sports a beta of 1.13. Click here to see the most recent updates on BP’s oil and gas drilling permits, which could significantly affect this stock’s price. The stock yields 3.8%.

ConocoPhillips (COP): In 2010, the company made a GAAP EPS of $7.62, which was an increase of 135.19% from $3.24 in 2009. In 2008, that figure stood at – $11.16. In 2010, revenues grew by 29.98% to $198.65 billion, after dropping by 37.92% in 2009. EBT margins also improved in 2010 to 9.94% from 6.56% in 2009. For 2011, the Street expects proforma EPS to come in between $6.28 and $9.21. Proforma EPS in 2010 was $5.92. The next earnings release is scheduled for April 25, with analysts expecting a range from $1.45 to $2.26. In Q1 2010, proforma EPS came in at $1.47.

COP shares trade with a price to sales multiple of 0.6. This is the company’s second highest multiple since 2001. The debt to equity ratio is 0.33. This company also has significant exposure in Saudi Arabia. For more details, click here. The company yields 3.2%.

Read the entire article here: 

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.