still long this one added more this last week
we will see
DHT Maritime is Among the Companies in the Oil & Gas Storage & Transportation Industry With the Highest Forward Earnings Yield (DHT, SFL, VLCCF)Published on Fri, 04/20/2012 - 10:26
By Mallory Stone in Fast Lane, DHT, SFL, VLCCF, dht maritime, highest forward earnings yield, knightsbridge tankers, nasdaq:vlccf, nyse:dht, nyse:sfl, ship finance international
Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
DHT Maritime (NYSE:DHT) is highest with forward earnings yield of 11.4%. DHT Maritime, Inc. offers maritime shipping services. The Company owns and operates very large crude carriers and Aframax tankers.
DHT Maritime share prices have moved between a 52-week high of $4.52 and a 52-week low of $0.66 and are now trading 20% above that low price at $0.79 per share. The 200-day and 50-day moving averages have moved 3.45% lower and 2.33% lower over the past week, respectively.
Following is Ship Finance International (NYSE:SFL) with forward earnings yield of 9.6%.
Finishing up the top three is Knightsbridge Tankers (NASDAQ:VLCCF), with forward earnings yield of 9.3%.
"trade what you see not what you hear "