3 Undervalued Energy Dividend Stocks With High Options Yields

As we mentioned in last week's article on undervalued Financial stocks, Standard & Poor's recently published a table with projected 2011 Earnings by Industry Sector: This week, we'll focus on 3 Energy dividend paying stocks with low PEG ratios, attractive mgt. metrics, and low debt, with options available. Although none of these firms are high dividend stocks, you can still achieve double-digit annualized returns on them, and lower your risk, via selling Covered Calls or Cash Secured Puts. These 3 dividend stocks are CNOOC (CEO), Marathon Oil (MRO) and China Petroleum & Chemical (SNP):(Company Profiles are listed at the bottom of this article.) Here are sector comps for these 3 firms (click to enlarge): All 3 firms look good when compared to broad sector avgs., excepting Profit Margin and and Dividend Payout ratio. Clearly, CEO stands out above the other 2 firms, for mgt. metrics and profitability. This stems... Read more