Nexera Energy: Top 10 Undervalued Energy Sector Stocks on TSX-V (NGY)
Nexera Energy is now ranked among the top 10 undervalued stocks in the Energy sector on the 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)
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 |
|---|---|---|---|---|---|---|---|---|
| RRL | Resolute Resources | 0.01 | 0.10 | 0.09 (569.7%) | 410498 | 0.8 | 0.0 | 0.0 |
| NGY | Nexera Energy | 0.01 | 0.03 | 0.02 (168.6%) | 26803 | 0.6 | 0.0 | 0.0 |
| VO | ValOre Metals | 0.05 | 0.11 | 0.06 (117.1%) | 60354 | 7.7 | 0.0 | 0.0 |
| SKK | Strikewell Energy | 0.07 | 0.16 | 0.09 (115.2%) | 0.6 | 0.0 | 0.0 | |
| SNM | ShaMaran Petroleum | 0.04 | 0.09 | 0.04 (98.1%) | 200748 | 127.1 | 0.0 | 0.0 |
| OYL | CGX Energy | 0.41 | 0.74 | 0.34 (83.4%) | 54715 | 137.1 | 0.0 | 0.0 |
| PMX | ProAm Explorations | 0.02 | 0.04 | 0.02 (76.6%) | 13166 | 0.3 | 0.0 | 0.0 |
| CWV | Crown Point Energy | 0.06 | 0.10 | 0.04 (75.8%) | 416 | 4.0 | 0.0 | 0.0 |
| DME | Desert Mountain Energy | 0.33 | 0.54 | 0.21 (65.1%) | 41400 | 29.3 | 0.0 | 0.0 |
| ORC-B | Orca Energy Group | 4.33 | 7.12 | 2.79 (64.3%) | 5130 | 86.2 | 9.3 | 6.4 |
All data provided as of January 23, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Nexera Energy
Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.
Nexera Energy is listed under NGY 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.
