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Highest P/E Ratio in the Oil & Gas Exploration & Production Industry Detected in Shares of BreitBurn Energy Partners (BBEP, CEP, EGY, PXD, PDO)
[June 12, 2013]

Highest P/E Ratio in the Oil & Gas Exploration & Production Industry Detected in Shares of BreitBurn Energy Partners (BBEP, CEP, EGY, PXD, PDO)


Jun 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Exploration & Production industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.BreitBurn Energy Partners ranks highest with a a P/E ratio of 96.53. Constellation Energy Partners is next with a a P/E ratio of 70.00. Vaalco Energy ranks third highest with a a P/E ratio of 43.36.



Pioneer Natural Resources follows with a a P/E ratio of 42.10, and Pyramid Oil rounds out the top five with a a P/E ratio of 41.50.

SmarTrend recommended that subscribers consider buying shares of Pioneer Natural Resources on April 30th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $121.51. Since that recommendation, shares of Pioneer Natural Resources have risen 19.8%. We continue to monitor Pioneer Natural Resources for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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