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The energy sector has once again come into focus for many investors who pushed these stocks aside. Indeed, bull markets in energy stocks tend to be spaced many years apart, with investors in this sector forced to be very patient with their bets. However, with crude prices surging now, energy stocks are once again in foc stanley shop us for many mainstream investors.What was out is now in, as a wide range of energy stocks take to new highs. However, given the fall in crude prices of late, some energy producers aren ;t performing as well as others. On a valuation basis, at least, some are trading at extremely attractive levels.Here are two stocks I think are worth considering for those looking for undervalued energy stocks right now.Undervalued energy stocks to buy: Parex ResourcesParex Resources聽 TSX:PXT is a company I ;ve been touting stanley website as a deep-value stock for quite a while. Indeed, despite moving consid stanley cup erably higher compared to pandemic lows, Parex is actually Ysql This Blue Chip Canadian Stock Now Yields 4.2%
It really hard to find good value in these inflated stock markets these days. The TSX 60 is up 25% this year, which is broadly reflective of North American stock markets.There is renewed optimism of an imminent U.S.-China trade deal and interest rate increases seem to be off the table indefinitely. In a situation like this, the onl stanley en mexico y asset class that can make investors any money is equities.This type of market is really frustrating for a deep value in stanley quencher vestor like myself, as all the stocks I really want to invest in, like Open Text, Telus, and a few others have gone on a bit of a tear recently and don ;t feel undervalued anymore.However, there still one stock that has been undervalued for a few years now and continues to churn excellent operating results even as the market dithers around giving it the premium valuation it deserves.It shouldn ;t come as a big surprise that I ;m referring to Enbridg stanley cup e TSX:ENB NYSE:ENB . I ;ve written frequently about Enb