(Editors' Note: This article's valuation model has come under dispute.)
The Canadian oil and gas E&P sector continues to appear cheap with a number of companies trading well below their fair-value creating a number of opportunities for investors. A combination of higher crude prices, growing investment in Canada's energy sector, and narrowing benchmark oil prices is set to boost earnings and profitability for companies operating in the sector.
One company that stands out by virtue of the strength of its operations, the quality of its assets and capable management is Crescent Point Energy (CSCTF). After reviewing its operations and valuing its assets I believe it is unfairly valued by the market, offering investors' potential upside of around 30%....
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|