Tidewater Midstream: Top 10 Undervalued Energy Sector Stocks on TSX (TWM)
Tidewater Midstream 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 |
|---|---|---|---|---|---|---|---|---|
| ITE | i3 Energy | 0.15 | 0.37 | 0.22 (138.9%) | 144856 | 188.6 | 11.2 | 2.9 |
| PEA | Pieridae Energy | 0.34 | 0.62 | 0.28 (82.5%) | 19326 | 54.1 | 0.0 | 0.5 |
| AKT-A | Akita Drilling | 1.58 | 2.52 | 0.94 (59.3%) | 28338 | 63.4 | 0.0 | 2.5 |
| AKT-B | Akita Drilling | 1.72 | 2.67 | 0.95 (55.5%) | 152 | 69.0 | 0.0 | 2.4 |
| BNG | Bengal Energy | 0.02 | 0.03 | 0.01 (54.0%) | 8488 | 9.7 | 0.0 | 0.0 |
| CNE | Canacol Energy | 5.20 | 7.91 | 2.71 (52.1%) | 58414 | 177.4 | 19.8 | 0.7 |
| FEC | Frontera Energy | 7.88 | 10.39 | 2.51 (31.9%) | 44424 | 689.6 | 0.0 | 1.7 |
| ESI | Ensign Energy Services | 2.37 | 3.04 | 0.67 (28.1%) | 290720 | 438.6 | 0.0 | 11.0 |
| TWM | Tidewater Midstream | 0.83 | 1.05 | 0.22 (26.6%) | 325949 | 352.9 | 3.7 | 0.0 |
| PSD | Pulse Seismic | 2.12 | 2.66 | 0.54 (25.4%) | 23937 | 112.9 | 2.5 | 7.7 |
All data provided as of March 04, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Tidewater Midstream
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets.
Tidewater Midstream is listed under TWM 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.
