Shares of PXP fell by 2.58% or $-0.55/share to $20.76. Plains Exploration & Production Company is trading at a price to book ratio of 0.84. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.41 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.73. On average, 2470650 shares of PXP exchange hands on a given day and today's volume is recorded at 1005892. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Plains Exploration & Production Company (PXP) is an independent oil and gas company engaged in the upstream oil and gas business.
