Africa Energy: Top 10 Undervalued Oil & Gas Industry Stocks (AFE)
Africa Energy is now ranked among the top 10 undervalued stocks in the Oil & Gas industry on the Toronto Stock Exchange or TSX Venture 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)
Oil & Gas: Companies primarily engaged in the drilling for petroleum and natural gas.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| PNN | Pambili Natural Resources | 0.01 | 0.01 | 0.01 (171.4%) | 1.3 | 0.0 | 0.0 | |
| STMP | Stamper Oil & Gas | 0.07 | 0.17 | 0.10 (141.3%) | 7073 | 0.7 | 0.0 | 0.0 |
| PEA | Pieridae Energy | 0.56 | 1.24 | 0.68 (122.0%) | 82243 | 89.3 | 0.0 | 0.7 |
| AFE | Africa Energy | 0.10 | 0.22 | 0.11 (108.3%) | 36963 | 147.8 | 0.0 | 0.0 |
| LTX | Labrador Resources | 0.02 | 0.04 | 0.02 (103.5%) | 4153 | 0.5 | 0.0 | 0.0 |
| CTA | Centaurus Energy | 2.40 | 4.73 | 2.33 (96.9%) | 476 | 2.6 | 0.0 | 0.0 |
| DVG | Divergent Energy Services | 0.04 | 0.08 | 0.04 (91.3%) | 15550 | 1.1 | 0.0 | 2.9 |
| SNM | ShaMaran Petroleum | 0.05 | 0.09 | 0.04 (89.9%) | 157541 | 136.0 | 0.0 | 3.3 |
| SKK | Strikewell Energy | 0.08 | 0.15 | 0.07 (89.0%) | 725 | 0.7 | 0.0 | 0.0 |
| GTE | Gran Tierra Energy | 8.82 | 16.09 | 7.27 (82.4%) | 47562 | 293.7 | 0.0 | 4.8 |
All data provided as-at market close October 05, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Africa Energy
Oil & Gas: Companies primarily engaged in the drilling for petroleum and natural gas. Stocks in this category are held primarily for capital appreciation.
Africa Energy is listed under AFE on the TSX Venture Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
