Western Energy Services: Top 10 Undervalued Energy Sector Stocks on TSX (WRG)
Western Energy Services 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 |
|---|---|---|---|---|---|---|---|---|
| YGR | Yangarra Resources | 1.08 | 1.26 | 0.18 (16.2%) | 88076 | 110.9 | 0.0 | 2.7 |
| WRG | Western Energy Services | 2.60 | 2.65 | 0.05 (2.0%) | 12543 | 88.0 | 0.0 | 0.0 |
| AAV | Advantage Energy | - | - | - (0.0%) | 0.0 | 0.0 | 19.0 | |
| AKT-A | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 4.6 | |
| AKT-B | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 5.3 | |
| ALA | AltaGas | - | - | - (0.0%) | 0.0 | 3.8 | 14.7 | |
| AOI | Africa Oil | - | - | - (0.0%) | 0.0 | 2.8 | 12.8 | |
| ARX | ARC Resources | - | - | - (0.0%) | 0.0 | 2.8 | 12.4 | |
| ATH | Athabasca Oil | - | - | - (0.0%) | 0.0 | 0.0 | 63.5 | |
| BIR | Birchcliff Energy | - | - | - (0.0%) | 0.0 | 9.8 | 43.7 |
All data provided as of June 25, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Western Energy Services
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.
Western Energy Services is listed under WRG 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.
