6 Must Own Energy Stocks from T. Boone Pickens’ Portfolio

Although oil prices have taken a hit and natural gas prices have been in a downward trend this year, which has made a negative impact on energy stocks, it doesn’t mean that these companies are not going to be profitable in the future. There are energy stocks that have been undervalued and now deserve a closer look. Below we complied a list of six must own energy stocks from T. Boone Pickens’ portfolio:

T Boone Pickens

Chesapeake Energy Corporation (CHK): Chesapeake Energy Corporation engages in the acquisition, development, exploration, and production of natural gas and oil properties in the United States. It also provides marketing and other midstream services. It has a market cap of $17.34 billion with a price to earning ratio of 18.18. Its earnings per share is $1.50. Its price/earnings-to-growth ratio is 0.86. Quarterly earnings growth is 100%. The stock has traded in a 52-week range of between $20.97 and $35.95. The stock is currently trading in the middle of its trading range at $27.30. The stock has a forward P/E of 10.07 and pays a 1.30% dividend.

Noble Corporation (NE): Noble Corporation operates as an offshore drilling contractor for the oil and gas industry worldwide. It involves in the contract drilling of oil and gas wells. It has a market cap of $7.88 billion with a price to earning ratio of 27.09. Its earnings per share is $1.15. Its price/earnings-to-growth ratio is 1.73. Quarterly earnings growth is -75.29%. Its 52-week closing range is $27.33 to $46.72. The stock is currently trading near $31.21. The stock has a forward P/E of 7.90 and pays a 1.70% dividend.

Chevron Corporation (CVX): Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It has a market cap of $197.51 billion with a price to earning ratio of 8.61. Its earnings per share is $11.45. Its price/earnings-to-growth ratio is 1.61. Quarterly earnings growth is 42.90%. The stock is currently trading near $98.61 and its 52-week closing range is $80.41 to $109.94. The stock has a forward P/E of 7.53 and pays a 3.10% dividend.

Plains Exploration & Production (PXP): Plains Exploration & Production Company, an independent oil and gas company, primarily engages in acquiring, developing, exploring, and producing oil and gas in California, Texas, and Louisiana. It has a market cap of $3.84 billion with a price to earning ratio of 19.75. Its earnings per share is $1.38. Its price/earnings-to-growth ratio is 0.49. Quarterly earnings growth is 175.20%.  It has traded in a 52-week range of between $20.25 and $27.81. The stock is currently trading at $27.20 towards the top of its 52-week range. The stock has a forward P/E of 9.41.

McMoRan Exploration Co (MMR): McMoRan Exploration Co., through its subsidiary, McMoRan Oil & Gas LLC, engages in the exploration, development, and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area of the United States. It also involves in the incorporation of 3-D seismic interpretation, offshore drilling to total depths, and horizontal drilling. It has a market cap of $1.83  billion. Its earnings per share is -$1.46. Its price/earnings-to-growth ratio is -2.53. Quarterly revenue growth is 46.50%. The stock is currently trading near $11.53 and its 52-week closing range is $8.25 to $19.26. Richard Chilton had nearly $50 million invested in MMR at the end of June.

SandRidge Energy, Inc. (SD): SandRidge Energy, Inc., together with its subsidiaries, operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. It has a market cap of $2.75 billion. Its earnings per share is $-0.07. Its price/earnings-to-growth ratio is 10.92. Quarterly earnings growth is 292.40%. The stock is currently trading near $6.89 and its 52-week closing range is $4.55 to $13.34. The stock has a forward P/E of 20.88.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!