Rubellite Energy: Top 10 Undervalued Oil & Gas Industry Stocks (RBY)
Rubellite 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 |
---|---|---|---|---|---|---|---|---|
PNN-X | Pambili Natural Resources | 0.01 | 0.01 | 0.01 (121.78) | 43,736 | 1.1 | 0 | 0 |
ESI-T | Ensign Energy Services | 2.1 | 3.61 | 1.51 (72.11) | 319,952 | 389.5 | 0 | 80.6 |
SOU-X | Southern Energy | 0.4 | 0.86 | 0.46 (115.21) | 104,339 | 55.4 | 0 | 3.3 |
RBY-T | Rubellite Energy | 2 | 3.09 | 1.09 (54.56) | 28,870 | 111.1 | 0 | 2.8 |
PEA-T | Pieridae Energy | 0.58 | 1.25 | 0.67 (115.63) | 63,124 | 93.1 | 0 | 0.6 |
PPR-T | Prairie Provident | 0.09 | 0.14 | 0.06 (64.71) | 120,645 | 13.5 | 0 | 2.1 |
DME-X | Desert Mountain Energy | 0.45 | 0.68 | 0.23 (50) | 348,531 | 35.5 | 0 | 0 |
WEII-X | Wolverine Energy Infr | 0.07 | 0.12 | 0.05 (81.33) | 8,526 | 6.9 | 0 | 0 |
AFE-X | Africa Energy | 0.1 | 0.21 | 0.1 (99.19) | 27,271 | 147.8 | 0 | 0 |
ORC-B-X | Orca Energy Group | 5.2 | 7.62 | 2.42 (46.5) | 8,283 | 103.2 | 7.7 | 3.3 |
More about Rubellite Energy
All data provided as-at market close July 10, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Rubellite Energy Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil. Rubellite Energy is listed under RBY 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) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.