Criterium Energy: Top 10 Undervalued Oil & Gas Industry Stocks (CEQ)
Criterium 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 |
|---|---|---|---|---|---|---|---|---|
| RHC | Royal Helium | 0.04 | 0.13 | 0.09 (193.6%) | 336469 | 14.5 | 0.0 | 0.0 |
| TWM | Tidewater Midstream | 0.14 | 0.32 | 0.18 (137.0%) | 2764938 | 58.1 | 0.0 | 0.0 |
| CEQ | Criterium Energy | 0.07 | 0.14 | 0.08 (116.0%) | 86124 | 8.6 | 0.0 | 0.0 |
| MAH | Marksmen Energy | 0.01 | 0.02 | 0.01 (95.8%) | 77975 | 1.9 | 0.0 | 0.0 |
| BNE | Bonterra Energy | 3.42 | 6.22 | 2.80 (81.8%) | 61292 | 127.7 | 0.0 | 4.7 |
| CNE | Canacol Energy | 3.87 | 7.03 | 3.16 (81.5%) | 53272 | 132.0 | 6.7 | 4.1 |
| STMP | Stamper Oil & Gas | 0.01 | 0.03 | 0.01 (80.9%) | 74294 | 0.2 | 0.0 | 0.0 |
| HWO | High Arctic Energy Servs | 1.12 | 2.00 | 0.88 (78.9%) | 11100 | 14.1 | 0.0 | 0.0 |
| LNGE | LNG Energy Group | 0.13 | 0.22 | 0.09 (73.7%) | 66246 | 19.4 | 0.0 | 0.0 |
| TXP | Touchstone Exploration | 0.52 | 0.89 | 0.37 (71.8%) | 244759 | 123.1 | 0.0 | 0.0 |
All data provided as of November 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Criterium Energy
Criterium Energy Ltd is an upstream energy company. It engages in the business of oil and gas exploration and development in Indonesia and Canada. The company has two operating segments, one being the acquisition, exploration and development of oil and gas properties in Indonesia and the second being oil and gas royalties from properties in Canada.
Criterium Energy is listed under CEQ 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.
