Canadian Energy Undervalued based on future growth

Birchcliff Energy

Market Cap: CA$2.1b

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.

Advantage Energy

Market Cap: CA$1.9b

Engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada.

Vermilion Energy

Market Cap: CA$1.7b

An oil and gas producer, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia.

Rockpoint Gas Storage

Market Cap: CA$1.5b

Owns and operates natural gas storage infrastructure facilities in North America.

Meren Energy

Market Cap: CA$1.2b

Operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea.

North American Construction Group

Market Cap: CA$545.7m

Provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States.

Logan Energy

Market Cap: CA$491.4m

Engages in the exploration, development, and production of crude oil and natural gas properties.

Mattr

Market Cap: CA$490.6m

Operates as a materials technology company that serves the transportation, communication, water management, and energy and electrification markets in Canada, the United States, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Saturn Oil & Gas

Market Cap: CA$433.0m

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

Calfrac Well Services

Market Cap: CA$410.4m

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

Alvopetro Energy

Market Cap: CA$240.2m

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

Journey Energy

Market Cap: CA$206.5m

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

Kolibri Global Energy

Market Cap: CA$197.6m

Engages in the exploration and exploitation of oil, gas, and clean and sustainable energy reserves in the United States.

Source Energy Services

Market Cap: CA$196.9m

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States.

Tidewater Renewables

Market Cap: CA$142.4m

Engages in production of renewable fuel in North America.