|Bid||12.50 x 1400|
|Ask||12.46 x 800|
|Day's Range||12.03 - 12.53|
|52 Week Range||6.41 - 15.75|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||7.70|
|Earnings Date||Feb 25, 2021|
|Forward Dividend & Yield||1.39 (11.39%)|
|Ex-Dividend Date||Jan 27, 2021|
|1y Target Est||13.58|
Bill Gross’ end of 2020 may have been more eventful than most other people’s. Not only did the former Bond King spend the last weeks of the year in an Orange County, Calif., courthouse defending his right to blare the Gilligan’s Island theme song from his Laguna Beach mansion, he also managed to ponder what he calls the “Bubblicious stock market.” On Sept. 14, Gross warned that “there is little money to be made almost anywhere in the world” and urged investors to favor “shunned” areas such as tobacco, banks, and foreign companies listed on foreign exchanges. Finally, he got to the good stuff and re-examined the drivers of the run-up in the market, namely “intense speculation” as well as “fiscally pumped, central bank-primed corporate earnings” as the Federal Reserve moved real interest rates to near zero.
Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on January 8, 2021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on January 11, 2021:
The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.Below is a list of notable value stocks in the energy sector: 1. CrossAmerica Partners (NYSE: CAPL) - P/E: 6.27 2. BP Midstream Partners (NYSE: BPMP) - P/E: 6.47 3. Smart Sand (NASDAQ: SND) - P/E: 1.84 4. Euronav (NYSE: EURN) - P/E: 2.59 5. Dynagas LNG Partners (NYSE: DLNG) - P/E: 5.16CrossAmerica Partners's earnings per share for Q3 sits at 0.56, whereas in Q2, they were at 0.14. Its most recent dividend yield is at 13.77%, which has decreased by 1.89% from 15.66% in the previous quarter.BP Midstream Partners saw an increase in earnings per share from 0.38 in Q2 to 0.42 now. Most recently, the company reported a dividend yield of 13.78%, which has increased by 0.52% from last quarter's yield of 13.26%.This quarter, Smart Sand experienced a decrease in earnings per share, which was 0.12 in Q2 and is now -0.09. Smart Sand does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Euronav's earnings per share for Q3 sits at 0.22, whereas in Q2, they were at 1.21. Most recently, the company reported a dividend yield of 4.86%, which has decreased by 14.17% from last quarter's yield of 19.03%.Dynagas LNG Partners's earnings per share for Q3 sits at 0.21, whereas in Q2, they were at 0.2. Its most recent dividend yield is at 11.0%, which has increased by 4.95% from 6.05% in the previous quarter.The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.See more from Benzinga * Click here for options trades from Benzinga * Return On Capital Employed Overview: Neos Therapeutics * Looking Into Editas Medicine's Return On Capital Employed(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.