Long/short equity, CFA, oil & gas, value

Manitok Energy: Highly Undervalued And Poised For Price Appreciation


In this article, I will present the valuation gap between Manitok Energy (OTC:MKRYF) and its peers, describe Manitok's business and the catalysts that will drastically improve the share price, discuss why this opportunity exists in the first place, and touch on challenges that Manitok faces going forward in accomplishing the company goals. The first thing that should be made clear from the outset of this article is that Manitok Energy is not a penny stock (more on that later).

The Business

Manitok Energy Inc. is a junior oil producer of conventional oil and gas in Alberta, Canada. Manitok's primary focus to date has been the Stolberg structure in the Alberta Foothills which is a liquids rich natural...

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