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)
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 |
|---|---|---|---|---|---|---|---|---|
| CNE | Canacol Energy | 3.39 | 7.34 | 3.95 (116.6%) | 25686 | 115.6 | 15.3 | 7.2 |
| PEA | Pieridae Energy | 0.24 | 0.45 | 0.20 (83.7%) | 113249 | 43.2 | 0.0 | 0.0 |
| GTE | Gran Tierra Energy | 8.69 | 14.13 | 5.44 (62.6%) | 36904 | 271.8 | 0.0 | 4.0 |
| FEC | Frontera Energy | 8.26 | 13.31 | 5.05 (61.1%) | 91827 | 698.2 | 2.3 | 4.7 |
| BNG | Bengal Energy | 0.01 | 0.02 | 0.01 (51.7%) | 23839 | 7.3 | 0.0 | 0.0 |
| RBY | Rubellite Energy | 2.18 | 3.27 | 1.09 (50.0%) | 22363 | 138.3 | 0.0 | 6.4 |
| HWO | High Arctic Energy Servs | 1.15 | 1.69 | 0.54 (46.9%) | 22489 | 14.5 | 1.7 | 0.0 |
| ISO | IsoEnergy | 3.51 | 5.14 | 1.63 (46.3%) | 353893 | 626.8 | 0.0 | 0.0 |
| TOT | Total Energy Services | 9.66 | 13.42 | 3.76 (38.9%) | 57584 | 387.0 | 3.6 | 9.2 |
| AKT-A | Akita Drilling | 1.57 | 2.15 | 0.58 (36.6%) | 46947 | 62.4 | 0.0 | 14.3 |
All data provided as of October 15, 2024.
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. The company is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta, 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)
- 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.
