Ensign Energy Services: Top 10 Undervalued Oil & Gas Industry Stocks (ESI)
Ensign Energy Services 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-X | Pambili Natural Resources | 0.01 | 0.01 | 0.01 (121.78) | 43,736 | 1.1 | 0 | 0 |
| ESI-T | Ensign Energy Services | 2.1 | 3.61 | 1.51 (72.11) | 319,952 | 389.5 | 0 | 80.6 |
| SOU-X | Southern Energy | 0.4 | 0.86 | 0.46 (115.21) | 104,339 | 55.4 | 0 | 3.3 |
| RBY-T | Rubellite Energy | 2 | 3.09 | 1.09 (54.56) | 28,870 | 111.1 | 0 | 2.8 |
| PEA-T | Pieridae Energy | 0.58 | 1.25 | 0.67 (115.63) | 63,124 | 93.1 | 0 | 0.6 |
| PPR-T | Prairie Provident | 0.09 | 0.14 | 0.06 (64.71) | 120,645 | 13.5 | 0 | 2.1 |
| DME-X | Desert Mountain Energy | 0.45 | 0.68 | 0.23 (50) | 348,531 | 35.5 | 0 | 0 |
| WEII-X | Wolverine Energy Infr | 0.07 | 0.12 | 0.05 (81.33) | 8,526 | 6.9 | 0 | 0 |
| AFE-X | Africa Energy | 0.1 | 0.21 | 0.1 (99.19) | 27,271 | 147.8 | 0 | 0 |
| ORC-B-X | Orca Energy Group | 5.2 | 7.62 | 2.42 (46.5) | 8,283 | 103.2 | 7.7 | 3.3 |
More about Ensign Energy Services
All data provided as-at market close July 10, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Ensign Energy Services Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. Ensign Energy Services is listed under ESI on the Toronto Stock 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) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
