Thursday, December 29, 2022

Review of energy stocks

 Here are the financial fundamentals of the largest energy stocks - Saudi Aramco, Exxon Mobil, Chevron, Shell.

All four stocks have a dividend yield of about 3.5%. This is quite attractive.
Exxon Mobil and Chevron has a price earning ratio (PER) of 10 times. This is acceptable. Shell has a PER of 5 times. This is quite attractive. Aramco has a PER of about 18 times. This is somewhat high.
I will probably buy some shares of Shell, for the low PER and the dividend yield of 3.5%.
Tan Kin Lian
Note - this is a personal view. It is not "investment advice". https://fisca.sg/ArticleDisplay.aspx?ID=1280

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