Spartan Delta: Top 10 Undervalued Energy Sector Stocks on TSX (SDE)
Spartan Delta 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.
Spartan Delta
Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. It operates and focuses its activities on Peace River Arch and Central Alberta.
Spartan Delta is listed under SDE 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.
