Constellation Energy Partners LLC is an AMEX listed security that has been trading in a range between $21.75 and $42.88 over the past year. With 13,574,880 shares outstanding, a recent price of $40.30 gives a total market capitalization of $581,412,135. While there are certainly larger companies, Constellation Energy Partners LLC has definitely earned its place in the pack. Last year, Constellation Energy Partners LLC created $1.22 in earnings for every share outstanding.
Constellation Energy Partners LLC is currently priced by the market at 29.60 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share in excess of $1 a share, Constellation Energy Partners LLC could be an interesting value proposition.
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