Superior Energy Services Inc. (fka SPNR)

[Timothy Smith]

Superior Energy Services (SPN) has a market capitalization of around $4B.

4 reasons SPN is undervalued at $27 a share:

Credit Suisse initiated the shares as "Outperform" to begin the month. This follows RBC Capital's decision to upgrade the shares to move the shares to "Outperform" from "Sector Perform" in January.

The company grew revenues by over 100% in FY2012 on the back of a $3.5B acquisition. Analysts expect mid-digit sales increases in FY2013. The stock has a five year projected PEG of under 1 (.54).

The stock is cheap at around 5x operating cash flow and just 99% of book value.

Like Whiting, the company has also tripled its operating cash flow over the past three years.