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Wednesday, 07/27/2022 1:27:09 PM

Wednesday, July 27, 2022 1:27:09 PM

Post# of 69753
Houston Natural Resources Corp. (OTCMKTS: HNRC) is an undervalued oil & gas company with several interests including nearly $90 million in potential oil reserves and is on schedule to pay dividends quarterly starting in 2023.   The dividends are just icing on the cake, because investors at these prices could see significant value well before receiving their first dividend.
Look at some of the company’s fundamental indicators:
Book Value Per Share (BVPS): $2.39
Trailing 12 Month (TTM) EPS: $0.27
TTM Sales per Share: $0.63
HNRC is currently trading under 25 cents per share, this is a SIGNIFICANT undervaluation.   
How often can you buy a stock trading below its EPS?!
Energy stocks are trading at 17.8 times earnings, 
At that PE ratio, HNRC would be $4.80 per share.
A $10,000 investment at the current price with an exit at $4.80?
That would net around $199,996!