Top Oil and Gas Penny Stocks for Q3 2021 These are the oil and gas penny stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar of profit generated.
Best Value Oil and Gas Penny Stocks |
| Price ($) | Market Cap ($M) | 12-Month Trailing P/E Ratio |
NuVista Energy Ltd. ( NVA.TO) | CA$2.85 | CA$643.7 | 1.1 |
Cardinal Energy Ltd. ( CJ.TO) | CA$3.21 | CA$463.5 | 5.5 |
TETRA Technologies Inc. ( TTI) | 3.86 | 488.6 | 8.2 |
Cardinal Energy Ltd.: Cardinal Energy is a Canada-based E&P company. It produces crude oil, natural gas, and natural gas liquids (NGLs). The company recently announced that it has agreed to acquire Venturion Oil Ltd. for CA$47.5 million ($39.3 million).2 The acquisition is expected to close by July 15, 2021. https://www.investopedia.com/investing/oil-gas-penny-stocks/