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Africa Oil: Top 10 Undervalued Energy Sector Stocks on TSX (AOI)

AI-generated - The Globe and Mail - Wed Sep 18, 12:08AM CDT

Africa Oil 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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
AAVAdvantage Energy--- (0.0%)0.00.019.5
ACXACT Energy Technologies--- (0.0%)0.00.09.2
AKT-AAkita Drilling--- (0.0%)0.00.012.3
AKT-BAkita Drilling--- (0.0%)0.00.018.6
ALAAltaGas--- (0.0%)0.03.324.4
AOIAfrica Oil--- (0.0%)0.03.60.0
ARXARC Resources--- (0.0%)0.02.912.1
ATHAthabasca Oil--- (0.0%)0.00.036.3
BIRBirchcliff Energy--- (0.0%)0.08.835.5
BNEBonterra Energy--- (0.0%)0.00.03.8

All data provided as of September 17, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Africa Oil

Africa Oil Corp is an international oil and gas exploration company based in Canada with oil and gas interests in Africa. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

Africa Oil is listed under AOI 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.