With the whole Iran conflict and Oil stocks hitting All-Time Highs each day, many investors feel like if they come in now they may be late to the gains…. But there is a golden opportunity hiding in plain sight!
Ensign Energy Services Inc. (ESI.TO) is a small cap Canadian oil company. On nearly every metric it trades at a steep discount to its large cap oil peers. While the average oil company trades at a Price-To-Sales ratio of over 2, ESI trades at 0.4, a 80% discount.
It also trades roughly 50% on Book Value, meaning if the company just liquidated themselves today they would be worth double their current share price.
If you think oil prices are only going higher, this stock is the best opportunity to capitalize on it in my opinion
Posted by silver-bullet007