Strikewell Energy: Top 10 Undervalued Oil & Gas Industry Stocks (SKK)
Strikewell 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 |
|---|---|---|---|---|---|---|---|---|
| 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 |
| ITE | i3 Energy | 0.17 | 0.36 | 0.20 (120.0%) | 132663 | 200.7 | 12.2 | 3.1 |
| 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 |
| AKT-A | Akita Drilling | 1.42 | 2.36 | 0.94 (66.1%) | 60484 | 56.9 | 0.0 | 2.0 |
| DME | Desert Mountain Energy | 0.33 | 0.54 | 0.21 (65.1%) | 41400 | 29.3 | 0.0 | 0.0 |
All data provided as of January 24, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Strikewell Energy
Strikewell Energy Corp is a Canada-based exploration and production company with petroleum and natural gas interests in Alberta, Canada.
Strikewell Energy is listed under SKK 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.
