There is one E&P company that has surprised me a lot during the last months. Sincerely speaking, I have not met another E&P company in the markets that I follow (U.S., Canadian, Australian, British), that combines a small enterprise value with a consistent production growth y-o-y and a meaty dividend. In the paragraphs below, I'll analyze Arsenal Energy (OTC:OTCPK:AEYIF).
Actually, Arsenal has been on my buying radar for two years now because some of its core properties in Canada are very close to the areas where Surge Energy (OTC:OTCPK:ZPTAF) and Rock Energy (OTC:OTCPK:RENFF) also operate. Those folks who have been following me since early 2013, know that I recommended both Rock and Surge...
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