Ensign Energy Services: Top 10 Undervalued Energy Sector Stocks on TSX (ESI)
Ensign Energy Services 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)
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 |
|---|---|---|---|---|---|---|---|---|
| PEA | Pieridae Energy | 0.41 | 0.99 | 0.58 (143.7%) | 163032 | 64.4 | 0.0 | 0.6 |
| ESI | Ensign Energy Services | 2.24 | 3.89 | 1.65 (73.9%) | 512081 | 413.5 | 0.0 | 19.3 |
| ITE | i3 Energy | 0.18 | 0.32 | 0.13 (72.9%) | 239604 | 225.1 | 11.6 | 3.5 |
| AKT-A | Akita Drilling | 1.40 | 2.40 | 1.00 (71.3%) | 68751 | 56.1 | 0.0 | 2.0 |
| CNE | Canacol Energy | 6.87 | 10.95 | 4.08 (59.4%) | 84348 | 234.3 | 15.1 | 0.9 |
| SOIL | Saturn Oil & Gas | 2.40 | 3.63 | 1.23 (51.3%) | 158276 | 341.7 | 0.0 | 3.8 |
| TOT | Total Energy Services | 8.11 | 12.21 | 4.10 (50.5%) | 34774 | 332.2 | 3.7 | 5.5 |
| YGR | Yangarra Resources | 1.59 | 2.23 | 0.64 (40.2%) | 97258 | 159.1 | 0.0 | 1.4 |
| FORZ | Forza Petroleum | 0.12 | 0.16 | 0.04 (37.0%) | 23387 | 72.2 | 0.0 | 0.0 |
| SDE | Spartan Delta | 3.70 | 5.03 | 1.33 (35.9%) | 329421 | 644.9 | 0.0 | 0.9 |
All data provided as of November 14, 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)
- 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.
