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Alternative stocks to Newalta (TSX:NAL)
These are the alternatives to Newalta that fall within the same industry, Oil & Gas Equipment, or region, Canada.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
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Newalta stock research in summary
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Newalta stock research analysis by the purely faced based Obermatt method on current and historical performance by investment strategy | Newalta (TSX:NAL), Oil & Gas Equipment, Canada
Latest Obermatt Ranks
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Country |
Canada |
Industry |
Oil & Gas Equipment |
Index |
|
Size class |
Small |
Large companies - similar industry as Newalta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Cenovus (XXL, CA) Oil & Gas Integrated
|
1. Cenovus (XXL, CA) Oil & Gas Integrated
|
87
|
|
21
|
|
85
|
|
93
|
|
2. Tourmaline Oil (XL, CA) Oil & Gas Production
|
2. Tourmaline Oil (XL, CA) Oil & Gas Production
|
39
|
|
93
|
|
92
|
|
92
|
|
3. Suncor (XXL, CA) Oil & Gas Integrated
|
3. Suncor (XXL, CA) Oil & Gas Integrated
|
79
|
|
41
|
|
81
|
|
91
|
|
4. MEG Energy (XL, CA) Oil & Gas Production
|
4. MEG Energy (XL, CA) Oil & Gas Production
|
63
|
|
67
|
|
68
|
|
84
|
|
5. Parkland Fuel (XXL, CA) Oil & Gas Refining
|
5. Parkland Fuel (XXL, CA) Oil & Gas Refining
|
79
|
|
69
|
|
43
|
|
83
|
|
6. Imperial (XXL, CA) Oil & Gas Integrated
|
6. Imperial (XXL, CA) Oil & Gas Integrated
|
39
|
|
53
|
|
97
|
|
73
|
|
7. ARC Resource (XL, CA) Oil & Gas Production
|
7. ARC Resource (XL, CA) Oil & Gas Production
|
59
|
|
49
|
|
73
|
|
71
|
|
8. Gibson Energy (XL, CA) Oil & Gas Transportation
|
8. Gibson Energy (XL, CA) Oil & Gas Transportation
|
55
|
|
53
|
|
49
|
|
61
|
|
9. Keyera (XL, CA) Oil & Gas Transportation
|
9. Keyera (XL, CA) Oil & Gas Transportation
|
27
|
|
89
|
|
41
|
|
57
|
|
10. Enbridge (XXL, CA) Oil & Gas Transportation
|
10. Enbridge (XXL, CA) Oil & Gas Transportation
|
45
|
|
81
|
|
19
|
|
51
|
|
September 12, 2024
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as Newalta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Celestica (XL, CA) Electr. Manufacturing Services
|
1. Celestica (XL, CA) Electr. Manufacturing Services
|
79
|
|
91
|
|
90
|
|
100
|
|
2. ATCO (XL, CA) Multi-Utilities
|
2. ATCO (XL, CA) Multi-Utilities
|
97
|
|
71
|
|
89
|
|
100
|
|
3. CCL (XL, CA) Metal & Glass Containers
|
3. CCL (XL, CA) Metal & Glass Containers
|
39
|
|
92
|
|
87
|
|
99
|
|
4. Canadian Tire (XXL, CA) General Merchandise Stores
|
4. Canadian Tire (XXL, CA) General Merchandise Stores
|
81
|
|
93
|
|
57
|
|
96
|
|
5. Fairfax (XXL, CA) Property & Casualty Insurance
|
5. Fairfax (XXL, CA) Property & Casualty Insurance
|
75
|
|
71
|
|
65
|
|
96
|
|
6. Barrick Gold (XL, CA) Gold Production
|
6. Barrick Gold (XL, CA) Gold Production
|
72
|
|
67
|
|
72
|
|
96
|
|
7. Linamar (XL, CA) Auto Parts & Equipment
|
7. Linamar (XL, CA) Auto Parts & Equipment
|
85
|
|
45
|
|
100
|
|
96
|
|
8. VersaBank (XXL, CA) Regional Banks
|
8. VersaBank (XXL, CA) Regional Banks
|
59
|
|
79
|
|
83
|
|
95
|
|
9. Cenovus (XXL, CA) Oil & Gas Integrated
|
9. Cenovus (XXL, CA) Oil & Gas Integrated
|
87
|
|
21
|
|
85
|
|
93
|
|
10. West Fraser (XL, CA) Forest Products
|
10. West Fraser (XL, CA) Forest Products
|
61
|
|
95
|
|
66
|
|
92
|
|
September 12, 2024
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Mid sized companies - similar industry as Newalta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Dril-Quip (M, US) Oil & Gas Equipment
|
1. Dril-Quip (M, US) Oil & Gas Equipment
|
27
|
|
73
|
|
100
|
|
85
|
|
2. Oil States (M, US) Oil & Gas Equipment
|
2. Oil States (M, US) Oil & Gas Equipment
|
69
|
|
69
|
|
64
|
|
82
|
|
3. CES Energy Solutions (L, CA) Oil & Gas Equipment
|
3. CES Energy Solutions (L, CA) Oil & Gas Equipment
|
65
|
|
75
|
|
55
|
|
80
|
|
4. RPC (L, US) Oil & Gas Equipment
|
4. RPC (L, US) Oil & Gas Equipment
|
81
|
|
11
|
|
96
|
|
74
|
|
5. Trican (M, CA) Oil & Gas Equipment
|
5. Trican (M, CA) Oil & Gas Equipment
|
69
|
|
33
|
|
88
|
|
72
|
|
6. Enerflex (M, CA) Oil & Gas Equipment
|
6. Enerflex (M, CA) Oil & Gas Equipment
|
99
|
|
59
|
|
26
|
|
72
|
|
7. Archrock (M, US) Oil & Gas Equipment
|
7. Archrock (M, US) Oil & Gas Equipment
|
65
|
|
87
|
|
6
|
|
56
|
|
8. Secure Energy (L, CA) Oil & Gas Equipment
|
8. Secure Energy (L, CA) Oil & Gas Equipment
|
35
|
|
91
|
|
35
|
|
53
|
|
9. Tidewater (M, US) Oil & Gas Equipment
|
9. Tidewater (M, US) Oil & Gas Equipment
|
3
|
|
97
|
|
45
|
|
51
|
|
10. Oceaneering (L, US) Oil & Gas Equipment
|
10. Oceaneering (L, US) Oil & Gas Equipment
|
9
|
|
99
|
|
39
|
|
47
|
|
September 12, 2024
Mid sized companies - similar region as Newalta
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Magellan Aerospace (M, CA) Aerospace & Defense
|
1. Magellan Aerospace (M, CA) Aerospace & Defense
|
97
|
|
71
|
|
100
|
|
100
|
|
2. Fairfax India Holdings (M, CA) Asset Management & Custody
|
2. Fairfax India Holdings (M, CA) Asset Management & Custody
|
51
|
|
93
|
|
81
|
|
100
|
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
3. Lassonde (L, CA) Packaged Foods & Meats
|
91
|
|
91
|
|
82
|
|
100
|
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
95
|
|
31
|
|
85
|
|
99
|
|
5. Centerra (L, CA) Gold Production
|
5. Centerra (L, CA) Gold Production
|
92
|
|
43
|
|
92
|
|
98
|
|
6. Onex (L, CA) Asset Management & Custody
|
6. Onex (L, CA) Asset Management & Custody
|
51
|
|
87
|
|
85
|
|
97
|
|
7. Paramount (L, CA) Oil & Gas Production
|
7. Paramount (L, CA) Oil & Gas Production
|
73
|
|
71
|
|
88
|
|
96
|
|
8. Enghouse Systems (M, CA) Application Software
|
8. Enghouse Systems (M, CA) Application Software
|
94
|
|
40
|
|
95
|
|
95
|
|
9. Nuvei (M, CA) Data Processing & Outsourcing
|
9. Nuvei (M, CA) Data Processing & Outsourcing
|
91
|
|
97
|
|
31
|
|
95
|
|
10. B2Gold (L, CA) Gold Production
|
10. B2Gold (L, CA) Gold Production
|
94
|
|
25
|
|
88
|
|
94
|
|
September 12, 2024
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