**energy stocks undervalued ** Hi Grahamc58,
I did my evaluation of ARQ in August last year when ARQ was trading below $1.00. Let's say my evaluation of a fair price then and brokers' assessments were markedly different.
I valued ARQ then at about $2.50.
The energy sector as a whole is massively undervalued.
In the US energy stocks sell at massive discounts compared to most other stocks. Now that is a blatant nonsense. It is the complete opposite of 1980.
I certainly don't see a current ARQ share price around $1.77 getting ahead of itself.
Maybe we are in the early stages of a long overdue market rerating for energy stocks.
Cheers,
SP.
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