WTI crude oil took a big hit recently when Goldman Sachs research analysts suggested a US$20/barrel price possibility earlier this month. However Mike Rothman, founder of Cornerstone Analytics, is calling for $85 oil by year-end, as he expects to see a sharp supply deficit in the coming months. If a crude oil recovery is truly underway then the stocks on our list today could be big winners during the next few months.
Questerre Energy Corp. (TSX: QEC) – $0.20
Oil & Gas Exploration and Production
Questerre Energy Corporation (Questerre) is a Canada-based independent energy company with principal operating areas including Kakwa-Resthaven, Alberta; Antler, Saskatchewan; Oil Shale Mining, and St. Lawrence Lowlands, Quebec. The Company holds 21,600 (13,560 net) acres in Kakwa-Resthaven area, including a 100% working interest and operatorship of 10,880 net acres.
- Market Cap: $59,542,339
- Revenue (LTM): $22,178,000
- Price Change (MTD): 7.1%
- Average Daily Volume (30 days): 32,114
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Junex Inc. (TSXV: JNX) – $0.74
Oil & Gas Exploration and Production
Junex Inc. is a Canada-based oil and gas exploration company with activities in Quebec. Junex holds interests in a still to be explored basin consisting of four blocks of licenses totaling more than 720,895 hectares (1,781,370 acres). The blocs are distributed in four sub basins, two are Ordovician and two are Devonian. Anticosti Island covers 800,000 hectares. Its project covers an area of 94,403 hectares (233,275 acres) stretching on 5 exploration licenses, bordering the south side of the island.
- Market Cap: $58,676,431
- Revenue (LTM): $708,210
- Price Change (MTD): 5.7%
- Average Daily Volume (30 days): 35,868
Orca Exploration Group Inc. (TSXV: ORC.B) – $3.15
Oil & Gas Exploration and Production
Orca Exploration Group Inc. is a Tanzania-based company engaged in hydrocarbon exploration, development and supply of natural gas in Tanzania and oil and gas exploration in Italy. The Company operates the 879 Bcf Songo natural gas field under a Production Sharing Agreement (PSA) with the Tanzania Petroleum Development Corporation (TDPC).
- Market Cap: $109,660,693
- Revenue (LTM): $55,075,493
- Price Change (MTD): 5.0%
- Average Daily Volume (30 days): 13,572
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BIOX Corp. (TSX: BX) -$1.14
Renewable Fuels
BIOX Corporation (BIOX) is a Canada-based renewable energy company that designs, built, owns and operates a 67-million liter per annum nameplate capacity biodiesel production facility located in Hamilton, Ontario, Canada. The Company produces and sells biodiesel as well as bioheavies and technical grade glycerin, which are by-products of the production of biodiesel. BIOX utilizes a variety of feedstock’s ranging from pure seed oils to animal fats to recovered vegetable oils, animal fats, used cooking oils, corn oil from ethanol production or crude palm oil.
- Market Cap: $52,508,151
- Revenue (LTM): $74,708,000
- Price Change (MTD): 4.6%
- Average Daily Volume (30 days): 23,752
Petroamerica Oil Corp. (TSXV: PTA) – $0.74
Oil & Gas Exploration and Production
Petroamerica Oil Corp. is a Canada-based company engaged in hydrocarbon exploration, production and development activities in Colombia. Petroamerica has interests in 12 blocks in Colombia, totaling over 1 million gross acres. The Company produced approximately 2.3 million barrels of oil equivalent (boe) in 2014, of which 2.0 million boe were produced from the Company’s Llanos assets, and 0.3 million boe were produced from the Putumayo assets.
- Market Cap: $81,573,786
- Revenue (LTM): $126,416,849
- Price Change (MTD): 2.7%
- Average Daily Volume (30 days): 161,043
