Akita Drilling: Top 10 Undervalued Energy Sector Stocks on TSX (AKT-A)
Akita Drilling is now ranked among the top 10 undervalued stocks in the Energy sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The energy sector contains companies that produce or refine oil and gas, provide oil field services or equipment, are pipeline operators or mine coal.
All data provided as-at market close May 01, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Akita Drilling Akita Drilling Ltd is engaged in providing contract drilling services, primarily to the oil and gas industry. It also provides drilling related to potash mining and the development of storage caverns. Akita Drilling is listed under AKT-A on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| AKT-A-T | Akita Drilling | 1.35 | 0 | 12.3 | 0 | 0 | 0 |
| GTE-T | Gran Tierra Energy | 1.01 | 0 | 2 | 0 | 0 | 0 |
| MGA-T | Mega Uranium | 0.18 | 0 | 0 | 0 | 0 | 0 |
| RBY-T | Rubellite Energy | 2.03 | 0 | 4.3 | 0 | 0 | 0 |
| PEA-T | Pieridae Energy | 0.51 | 0 | 0.6 | 0 | 0 | 0 |
| TAL-T | PetroTal | 0.77 | 0 | 2.7 | 0 | 0 | 0 |
| BRY-T | Bri-Chem | 0.5 | 0 | 1.5 | 0 | 0 | 0 |
| TWM-T | Tidewater Midstream | 0.89 | 0 | 44.5 | 0 | 0 | 0 |
| CEU-T | CES Energy Solutions | 2.58 | 0 | 6.9 | 0 | 0 | 0 |
| E-T | Enterprise Group | 0.42 | 0 | 8.3 | 0 | 0 | 0 |
More about Akita Drilling
Stocks in this category are held primarily for capital appreciation.
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