Bonterra Energy: Top 10 Undervalued Energy Sector Stocks on TSX (BNE)
Bonterra 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 |
|---|---|---|---|---|---|---|---|---|
| ITE | i3 Energy | 0.16 | 0.33 | 0.17 (105.9%) | 175794 | 194.6 | 13.4 | 3.0 |
| AKT-A | Akita Drilling | 1.39 | 2.44 | 1.05 (75.5%) | 43384 | 55.7 | 0.0 | 1.8 |
| BNE | Bonterra Energy | 5.35 | 8.24 | 2.89 (54.0%) | 47733 | 199.8 | 0.0 | 4.0 |
| SOIL | Saturn Oil & Gas | 2.25 | 3.19 | 0.94 (41.7%) | 139251 | 320.4 | 0.0 | 3.5 |
| GTE | Gran Tierra Energy | 7.76 | 10.68 | 2.92 (37.6%) | 63600 | 258.8 | 0.0 | 11.0 |
| AKT-B | Akita Drilling | 1.95 | 2.63 | 0.68 (35.0%) | 78.2 | 0.0 | 2.7 | |
| RBY | Rubellite Energy | 2.01 | 2.70 | 0.69 (34.5%) | 31646 | 125.8 | 0.0 | 3.9 |
| MGA | Mega Uranium | 0.43 | 0.57 | 0.14 (31.9%) | 607144 | 157.6 | 0.0 | 0.0 |
| BNG | Bengal Energy | 0.03 | 0.03 | 0.01 (31.0%) | 16045 | 12.1 | 0.0 | 0.0 |
| STEP | STEP Energy Services | 3.63 | 4.61 | 0.98 (27.0%) | 34618 | 273.0 | 0.0 | 3.6 |
All data provided as of December 12, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Bonterra Energy
Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.
Bonterra Energy is listed under BNE 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.
