Today, we have picked 10 energy stocks which appear to be fundamentally strong. The shortlisted stocks have recorded strong earnings growth with strong EBITDA margins during their latest reported quarter and are estimated to record strong earnings growth of more than 10% during 2014. Moreover, these stocks have registered strong free cash flow during the quarter and have high free cash flow yields. Additionally, we note that these stocks are trading at low EV to EBITDA multiple. During the past three months, a majority of these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
EPS Growth* |
EPS Growth |
EBITDA Margin* |
EV TO EBITDA |
Free Cash Flow* |
Free Cash Flow Yield* |
|
REX American Resources Corp |
NYSE |
REX |
742.5 |
90.75 |
162,645 |
45.3% |
584.6% |
92.3% |
22.2% |
8.1 |
26.3 |
14.8% |
|
High Arctic Energy Services Inc |
TSX |
HWO |
303.1 |
5.47 |
140,707 |
-1.3% |
225.0% |
15.5% |
33.3% |
6.2 |
9.7 |
12.7% |
|
Green Plains Inc |
NASDAQ |
GPRE |
1,645.7 |
43.81 |
1,067,283 |
56.4% |
330.0% |
206.8% |
8.8% |
7.2 |
187.1 |
11.5% |
|
Birchcliff Energy Ltd |
TSX |
BIR |
1,861.8 |
12.76 |
939,201 |
-1.8% |
171.4% |
107.1% |
72.6% |
8.8 |
82.9 |
9.1% |
|
Western Refining Inc |
NYSE |
WNR |
4,730.9 |
46.80 |
1,491,965 |
18.3% |
3.9% |
13.2% |
8.3% |
8.7 |
174.3 |
8.6% |
|
Pioneer Energy Services Corp |
NYSE |
PES |
963.2 |
15.24 |
793,377 |
-1.7% |
97.6% |
992.0% |
26.1% |
5.9 |
11.4 |
6.5% |
|
Holly Energy Partners LP |
NYSE |
HEP |
2,090.5 |
35.64 |
110,504 |
1.8% |
8.7% |
42.8% |
63.9% |
14.4 |
35.4 |
5.9% |
|
Freehold Royalties Ltd |
TSX |
FRU |
1,921.1 |
25.94 |
220,489 |
3.2% |
38.1% |
31.2% |
82.7% |
13.1 |
24.8 |
5.4% |
|
Forum Energy Technologies Inc |
NYSE |
FET |
3,130.0 |
33.35 |
497,224 |
1.5% |
30.3% |
21.3% |
17.9% |
12.3 |
32.6 |
5.3% |
|
Bonterra Energy Corp |
TSX |
BNE |
2,098.2 |
65.53 |
92,573 |
16.1% |
77.6% |
47.6% |
75.3% |
10.5 |
18.5 |
2.1% |
Source: Bloomberg
*Latest Reported Quarter
Market Cap & Last Price are in their respective currency
Company Description:
REX American Resources Corp (NYSE: REX)
REX American Resources Corporation is invested in ethanol production entities. The company produces ethanol, and dried and modified distillers grains, as well as leases real estate properties.
High Arctic Energy Services Inc (TSX: HWO)
High Arctic Energy Services Inc. offers oilfield services. The company offers underbalanced drilling and production services, equipment, design and development services, and technical support and training.
Green Plains Inc (NASDAQ: GPRE)
Green Plains Inc. owns and operates ethanol plants located in the Midwest U.S. The company also markets and distributes fuel grade ethanol, livestock feed and industrial grade corn oil. Green Plains provide grain handling, storage and complementary agronomy services to local grain producers through grain elevators located in Iowa, Missouri, Nebraska and Tennessee.
Birchcliff Energy Ltd (TSX: BIR)
Birchcliff Energy Ltd. evaluates acquisition opportunities for light oil and natural gas with a view to purchasing assets. The company is seeking to explore and develop oil and gas in Western Canada.
Western Refining Inc (NYSE: WNR)
Western Refining, Inc., through a subsidiary, refines crude oil and markets petroleum products. The subsidiary primarily produces gasoline, diesel, and jet fuel. The products are marketed in Arizona, New Mexico and Texas in the United States, and Juarez, Mexico.
Pioneer Energy Services Corp (NYSE: PES)
Pioneer Energy Services Corp provides land contract drilling services and production services to independent and major oil and gas exploration and production companies in the United States and Colombia.
Holly Energy Partners LP (NYSE: HEP)
Holly Energy Partners, L.P. operates a system of refined product pipelines and distribution terminals primarily in West Texas, New Mexico, Utah, and Arizona. The company’s services include transporting products through its pipeline, terminalling refined products and other hydrocarbons, and storing and providing other services at its terminals.
Freehold Royalties Ltd (TSX: FRU)
Freehold Royalties Ltd. produces oil, natural gas, natural gas liquids and potash. The company operates in western Canada and Ontario.
Forum Energy Technologies Inc (NYSE: FET)
Forum Energy Technologies Inc. manufactured technologies and applied products to the energy industry. The company designs, manufactures, and provides products and related services to the drilling and intervention sectors, as well as to the subsea services, and construction sectors.
Bonterra Energy Corp (TSX: BNE)
Bonterra Energy Corp. is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company’s core areas of operations are in Alberta, Saskatchewan and British Columbia.
