Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
EnerNorth Industries Inc. explores, develops, and produces oil and gas in Canada. It holds oil and gas interests located in the Canadian Provinces of Alberta, Saskatchewan, British Columbia, and Ontario. The company's has reserves of gas; natural gas liquids; and oil. It also owned interests in gross gas producing wells and oil producing wells. EnerNorth Industries Inc. sells its oil and natural gas production to integrated oil and gas companies, and marketing agencies. The company was formerly known as Energy Power Systems Limited and changed its name to EnerNorth Industries Inc. in February 2003. The company was incorporated in 1988 and is based in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
