Two undervalued picks among Canadian energy producers

The market is overlooking some significant strengths in these two companies, which both trade at discounts to fair value estimates, says Morningstar equity analyst Joe Gemino.

Joe Gemino 12 September, 2017 | 5:00PM Christian Charest

 

 

Christian Charest: For Morningstar, I'm Christian Charest. I'm talking with Joe Gemino, he is an equity analyst here with Morningstar who covers a number of Canadian energy producers. In a previous video, we talked about his outlook for the price of oil and for the Canadian energy sector in general. And here, we are going to talk about two of his favourite picks within that sector.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Cenovus Energy Inc5.56 CAD-1.59
Enbridge Inc40.21 CAD-0.84

About Author

Joe Gemino

Joe Gemino  Joe Gemino, CPA, is an equity analyst for Morningstar covering Canadian oil and Gas companies.

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