Rubellite Energy: Top 10 Undervalued Energy Sector Stocks on TSX (RBY)
Rubellite Energy 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). The energy sector contains companies that produce or refine oil and gas, provide oil field services or equipment, are pipeline operators or mine coal.
All data provided as-at market close July 24, 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.
Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
---|---|---|---|---|---|---|---|
STEP-T | STEP Energy Services | 3.96 | 0 | 2.8 | 0 | 0 | 0 |
ESI-T | Ensign Energy Services | 2.33 | 0 | 89.4 | 0 | 0 | 0 |
KEC-T | Kiwetinohk Energy | 14.41 | 0 | 2.4 | 0 | 0 | 0 |
RBY-T | Rubellite Energy | 2.1 | 0 | 3 | 0 | 0 | 0 |
PEA-T | Pieridae Energy | 0.69 | 0 | 0.8 | 0 | 0 | 0 |
CNE-T | Canacol Energy | 11.33 | 0 | 2.1 | 0 | 0 | 0 |
BNE-T | Bonterra Energy | 6.24 | 0 | 3.1 | 0 | 0 | 0 |
TWM-T | Tidewater Midstream | 1.01 | 0 | 0 | 0 | 0 | 0 |
CEU-T | CES Energy Solutions | 2.75 | 0 | 6.1 | 0 | 0 | 0 |
SOIL-T | Saturn Oil & Gas | 2.35 | 0 | 0.3 | 0 | 0 | 0 |
More about Rubellite Energy
Stocks in this category are held primarily for capital appreciation.
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