Post by
Torontojay on Jan 22, 2024 2:20pm
Cheap Energy Stocks
I ran a stock screener on energy companies on the Tsx or Venture exchange and I came across several interesting candidates. Out of these names, Akita Drilling ranks quite high on a combination of low price to book, price to sales P/E ratio, operating margins and return on equity. I ranked the companies on an equal weighted basis and came up with the following in no particular order:
1) Akita drilling
2) Calfrac Well Services
3) Pieridae Energy
4) Yangarra resources
5) Perpetual Energy
6) Fronterra Energy Corp