Best Value Oil and Gas Stocks Here are the top three oil and gas stocks with the best value, the fastest growth, and the most momentum, respectively.
Glad I own BTE and SGY !!!
These are the oil and gas stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. A low P/E ratio shows you’re paying less for each dollar of profit generated. Profits can be returned to shareholders in the form of dividends and share buybacks,
| Best Value Oil and Gas Stocks |
| | Price ($) | Market Cap ($B) | 12-Month Trailing P/E Ratio |
| Surge Energy Inc. (ZPTAF) | 7.30 | 0.6 | 1.2 |
| Frontera Energy Corp. (FEC.TO) | CA$14.35 | 1.4 | 1.8 |
| Baytex Energy Corp. (BTEGF) | 4.42 | 2.5 | 1.9 |
Source: YCharts
- Surge Energy Inc.: Sun Energy engages in the exploration, development, and production of oil and gas properties in Western Canada, primarily in Alberta and Manitoba. The company is based in Canada. In fiscal 2021, Surge Energy closed a $130 million, five-year term debt financing to replace a portion of six-month revolving bank credit with more stable long-term debt capital. The financing will significantly reduce Surge Energy's reliance on more volatile, short-term debt. Surge Energy Inc. also trades in Canada under the ticker (SGY.TO).4
- Frontera Energy Corp.: Frontera Energy is a Canada-based company involved primarily in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America. Its asset portfolio includes interests in 34 exploration and production blocks in Colombia, Ecuador, and Guyana.
- Baytex Energy Corp.: Baytex Energy is a Canadian oil and gas exploration and production company. It's engaged in the acquisition, development, and production of crude oil and natural gas. Its key oil resource plays are the Eagle Ford in Texas and the Western Canadian Sedimentary Basin. On April 1, Baytex announced that it had received a two-year extension of its revolving credit facilities to April 2026. Its credit was raised to $850 million as part of the extension. Baytex Energy Corp. also trades in Canada under the ticker (BTE.TO).5