3 Oil and Gas Stocks to Look Out for in Zacks Industry Ranking



About the Industry

According to Zacks, a leading consultation tool in stock market and investment research, the Oils and Energy Sector is among the top 4%, or 9 out of 253, industries. This sector includes companies which provide products and services in coal, oil, biofuels, exploration, pipeline and refining, solar, alternative energy, and the refining and transportation of oil, gas, and coal. The emerging markets industry within this sector includes those which are based in Brazil, China, India, etc.


Industry Statistics

Compared to the IVV-S&P 500 19.90% YTD return, the Oil and Gas - Integrated - Emerging Markets industry has an 11.56% YTD loss, but the latter’s placement in the top half of Zacks Ranked Industries means it is expected to outperform in the next 3 to 6 months.


The following stocks are ranked highest under the category of Oil and Gas - Integrated - Emerging Markets:


  • China Petroleum & Chemical Corporation (SNP): This company engages in oil, gas, and chemical operations in the People’s Republic of China, distributing oil and gas products and services through oil depots and service stations as well as wholesale and retail networks. It currently has a market cap of 82.76B and a PE ratio of 4.17. According to Zacks Equity Research, SNP has seen a price change of 7.62% this year with a dividend of $1.8 per share, with a 9.19% dividend yield, compared to the industry’s 5.57% yield. Zacks anticipates a year-over-year earnings growth rate of 115.98%.

  • Petróleo Brasileiro S.A. Petrobras (PBR): Headquartered in Brazil, Petróleo Brasileiro S.A. Petrobras produces and distributes gas and oil internationally and domestically. It has a market cap of 67.24B and has a PE ratio of 3.45. It has a forward dividend and yield of 6.03%. Zacks Equity Research also notes PBR’s P/CF ratio of 2.31 which describes a company’s cash flow and can distinguish undervalued firms; this ratio compares to the overall industry’s P/CF of 3.62.

  • Ecopetrol S.A. (SE): Operating through the segments of Exploration and Production, Transport and Logistics, and Refining, Petrochemical, and Biofuels, this company engages in the exploration, production, and sale of oil and gas, as well as offshore exploration and distribution of other fuel services and products. Its market cap lies at 27.69B with a 6.29 PE ratio. Zacks Equity Research predicts a 463.64% year-over-year growth rate and earnings of $1.90 per share.


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