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Athabasca Oil: Top 10 Undervalued Energy Sector Stocks on TSX (ATH)

AI-generated - The Globe and Mail - Wed Aug 21, 8:42PM CDT

Athabasca 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%)0.00.020.0
ACXACT Energy Technologies--- (0.0%)0.00.09.9
AKT-AAkita Drilling--- (0.0%)0.00.012.7
AKT-BAkita Drilling--- (0.0%)0.00.018.6
ALAAltaGas--- (0.0%)0.03.423.2
AOIAfrica Oil--- (0.0%)0.03.30.0
ARXARC Resources--- (0.0%)0.02.713.0
ATHAthabasca Oil--- (0.0%)0.00.036.3
BIRBirchcliff Energy--- (0.0%)0.09.738.7
BNEBonterra Energy--- (0.0%)0.00.04.6

All data provided as of August 21, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Athabasca Oil

Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.

Athabasca Oil is listed under ATH 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.