After An Impressive Payoff, Arsenal Energy Is Not In The Bargain Bin Anymore
- As usual, the market overlooked Arsenal Energy and its low valuation in late 2013.
- The stock has doubled since then and the valuation gap with the peers has narrowed significantly over the last nine months.
- Not to worry, because the market keeps being inefficient and myopic, offering the bargain hunters new opportunities.
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Arsenal Energy Inc. is an oil and gas exploration, development and production company headquartered in Calgary, Alberta, Canada. The Company produces crude oil and natural gas from its properties in North Dakota in the United States and the provinces of Alberta and British Columbia in Canada.
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