Canadian Energy Undiscovered Gems With Strong Fundamentals

Reconnaissance Energy Africa

Market Cap: CA$140.8m

A junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana.

Total Energy Services

Market Cap: CA$352.0m

Operates as an energy services company primarily in Canada, the United States, Australia, and internationally.

Hemisphere Energy

Market Cap: CA$168.3m

Acquires, explores, develops, and produces petroleum and natural gas interests in Canada.

Alvopetro Energy

Market Cap: CA$185.4m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

Cardinal Energy

Market Cap: CA$972.4m

Engages in the acquisition, exploration, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan in Canada.

Freehold Royalties

Market Cap: CA$1.9b

Acquires and manages royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Canada and the United States.

Birchcliff Energy

Market Cap: CA$1.7b

An intermediate oil and natural gas company, engages in the exploration, development, and production of natural gas, light oil, condensate, and other natural gas liquids in Western Canada.