Canadian Energy Potentially Undervalued Companies

Flint

Market Cap: CA$3.3m

Provides upstream, midstream, and downstream production services in Canada and the United States.

Jura Energy

Market Cap: CA$1.7m

Engages in the exploration, extraction, and production of oil and natural gas properties in Pakistan and Canada.

Greenlane Renewables

Market Cap: CA$14.1m

Provides biogas desulfurization and upgrading systems and services worldwide.

Yangarra Resources

Market Cap: CA$92.1m

A junior oil and gas company, engages in the exploration, development, and production of natural gas and conventional oil resource properties in Western Canada.

Cardinal Energy

Market Cap: CA$1.0b

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.

XXL Energy

Market Cap: CA$1.3m

A petroleum and natural gas company, acquires, explores, and develops petroleum and natural gas properties in the United States.

Journey Energy

Market Cap: CA$112.7m

Engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada.

MEG Energy

Market Cap: CA$6.3b

An energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada.

Western Energy Services

Market Cap: CA$73.8m

Operates as an oilfield service company in Canada and the United States.

Arrow Exploration

Market Cap: CA$88.6m

Operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.

Orca Energy Group

Market Cap: CA$158.8m

Engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania.

Southstone Minerals

Market Cap: CA$334.0k

Engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada.

Centaurus Energy

Market Cap: CA$2.7m

Does not have significant operations.

PrairieSky Royalty

Market Cap: CA$5.4b

PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Canada.

AKITA Drilling

Market Cap: CA$79.4m

Operates as an oil and gas drilling contractor in Canada and the United States.

Tamarack Valley Energy

Market Cap: CA$2.3b

Engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin.

AKITA Drilling

Market Cap: CA$79.4m

Operates as an oil and gas drilling contractor in Canada and the United States.

Criterium Energy

Market Cap: CA$9.5m

Engages in the exploration and development of oil and natural gas in Indonesia and Canada.

Pulse Seismic

Market Cap: CA$132.0m

Acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada.

McChip Resources

Market Cap: CA$4.6m

Operates in the natural resource industry in Canada.

SouthGobi Resources

Market Cap: CA$112.7m

Operates as an integrated coal mining, development, and exploration company in Mongolia and China.

Greenfire Resources

Market Cap: CA$302.0m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Trillion Energy International

Market Cap: CA$7.8m

An oil and gas exploration and production company with operations in Turkey and Bulgaria.

Ovintiv

Market Cap: CA$9.5b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America.

Calfrac Well Services

Market Cap: CA$285.2m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Paladin Energy

Market Cap: CA$2.4b

Engages in the development, exploration, evaluation, and operation of uranium mines in Australia, Canada, and Namibia.

Saturn Oil & Gas

Market Cap: CA$346.6m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Tidewater Renewables

Market Cap: CA$91.0m

Engages in production of renewable fuel in North America.

Freehold Royalties

Market Cap: CA$2.0b

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

SECURE Waste Infrastructure

Market Cap: CA$3.3b

Engages in the waste management and energy infrastructure businesses primarily in Canada and the United States.

Tenaz Energy

Market Cap: CA$502.9m

An energy company, engages in the acquisition and development of oil and gas properties in Canada and the Netherlands.

Surge Energy

Market Cap: CA$545.3m

Explores, develops, and produces oil and gas in western Canada.

Paramount Resources

Market Cap: CA$2.8b

An energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada.

Baytex Energy

Market Cap: CA$1.8b

An energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States.

Parex Resources

Market Cap: CA$1.3b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

Ur-Energy

Market Cap: CA$456.0m

Engages in the uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States.