S&P 500 Energy
- YTD: +9.8%
- Fwd 12M P/E: 19.9
- Fwd 12M EPS Growth: 61.5%
Russell 2000 Energy
- YTD: +14.8%
- Fwd 12M P/E: 26.9x
- FWD 12M EPS Growth: 411.8%
MSCI Europe Energy
- YTD: 17.3%
- Fwd 12M P/E: 14.8x
- Fwd 12M EPS Growth: 46.1%
MSCI EM Energy
- YTD: +11.7%
- Fwd 12M P/E: 8.9x
- Fwd 12M EPS Growth: 45.9%
MSCI China Energy
- YTD: +26.2%
- Fwd 12M P/E: 11x
- Fwd 12M EPS Growth: 55.2%
Looking at the data, investors may want to consider play overseas energy given the current tailwinds in the Industry. While overseas energy has outperformed US energy except for EM underperforming Russell 2000, on a Fwd 12M basis, overseas energy still looks relatively attractive. Fwd 12M P/E’s on overseas energy companies are all significantly lower while EPS growth rates are relatively on pace with US energy except for Russell 2000 abnormal EPS growth expectations. Investors may want to consider looking at:
- NESTE OYJ
- ROYAL DUTCH SHELL
- GAZPROM NEFT PJSC
- MOTOR OIL CORINTH REFINERIES
- TATNEFT PJSC
- ASCOPIAVE SPA
- ITALGAS
- CHINA PETROLEUM & CHEM CORP
- SOUL PATTINSON WASH H & Co
- PETROBAS BRASILEIRO
- PETROCHINA
Submitted May 18, 2018 at 10:21AM by QuantalyticsResearch https://ift.tt/2Iw09X8
