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Berry Petroleum: Balance Sheet Strength And Undervalued At $7 With A 7% Yield

Published Fri, 07 Feb 2020 10:19:53 -0500 on Seeking Alpha

(function (w) { var getParam = function (name) { name = name.replace(/[\[]/, "\\[").replace(/[\]]/, "\\]"); var regex = new RegExp("[\\?&]" + name + "=([^&#]*)"), results = regex.exec(w.location.search); return results === null ? '' : decodeURIComponent(results[1].replace(/\+/g, ' ')); }; var pageParam = parseInt(getParam('page'), 10) || 1, page = Math.max(pageParam, 1), pages = 6; if (pages === 2) { pages++; } w.aConf = { pagination: { limit: 2, pages: pages, page: page, singlePage: true, singlePageBtn: false } }; }(window));Seeking AlphaLong Ideas | Basic MaterialsBerry Petroleum: Balance Sheet Strength And Undervalued At $7 With A 7% YieldFeb. 7, 2020 10:19 AM ET|| About: Berry Petroleum Corporation (BRY), Includes: OXY, XOMby: HawkinvestHawkinvest Value, contrarian, dividend investingSummaryOil prices have declined significantly due to fears over the economic impact of the Coronavirus in China.
Influenza kills tens of thousands each year globally, so the economic impact of Coronavirus on oil prices appears very overblown and temporary.
Energy stocks are cheap and due for a big rebound as soon as investors regain their wits and realize that containment and a vaccine are within reach.
Aside from the virus issue, small cap oil stocks look historically undervalued, and this has caught the attention of legendary investor Peter Lynch.
At around $7, Berry Petroleum is trading for just about 5 times earnings; it has a very strong balance sheet and it... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83

OCCIDENTAL PETROLEUM - OXY
OCCIDENTAL PETROLEUM - OXY  


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