The energy sector has been in considerable focus among investors over the course of the past few months and for a good reason too. The current geopolitical climate has resulted in a situation in which the energy sector has seen massive ups and down and hence, there was an opportunity for many enterprising investors throughout the year. The opportunities still exist and this article is going to give you a look into three energy-related stocks that you may add to your watch lists at this point.
Houston Natural Resources Corp’s (OTC:HNRC) – an undervalued oil stock. With EPS at $0.18, well below its sector PE Ratio of 10.7x. Moreover, the fair value might come in at $1.92 per share.” On Par with 52 Week high $1.90. Impressively, the company has 83 Oil Wells in Texas, multiple dividend streams to shareholders, environmentally responsible water reclamation system. Take a look!
The company managed to bring in revenues of $5,125,473 in the second quarter and of $8,687,641 in the first half of the year. The revenues in the first half of the year proved to be 41% higher than the revenues of $7,614,534 in the first six months of 2021. It may be a good idea to add the Houston Natural Resources Corporation to your watch list.
American Manganese Inc. (TSX:AMY.V) (OTCQB:AMYZF) As pioneers in the advanced lithium-ion battery recycling market, American Manganese and its RecycLiCoTM Patented Process aim to promote a circular economy for the lithium-ion battery supply chain and set the standard for high recovery and purity of cathode materials from spent lithium-ion batteries,” said Larry Reaugh, President and CEO of American Manganese.
Recently, the company announced that it had been successful in achieving as much as 99% lithium recovery from lithium iron phosphate battery cathode materials. It was achieved during the course of a bench-scale test. At this point in time, it may be a good idea for investors to keep track of the American Manganese stock and keep an eye on the price action.
Mass Megawatts (OTCMKTS:MMMW) ‘Solar Tracking System’ (STS) is a complete solar power system that’s designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. Providing economical options for commercial and residential users interested in green energy applications.
Recently, the company announced that it was going to target ten communities in Massachusetts following the passage of the Massachusetts Clean Energy Law last week. As per the provisions of the law, those communities in the state are going to limit or indeed ban the usage of fossil fuels in new construction. That opens up an opportunity for companies like Mass Megawatts.
