Combining the listings on the Nasdaq stock exchange, the New York Stock Exchange (NYSE), and the over-the-counter (OTC) markets, over 12,000 stocks are trading in the U.S. That number is certainly large enough to ensure plenty of promising names go overlooked or underappreciated.
Arguably, that’s the plight of this refiner. At a time when the energy sector and smaller stocks are soaring, this energy stock, with a market capitalization of just under $3 billion, should be attracting more attention.
However, it’s not completely ignored. Up more than 13% since May 26, this company is covered by 13 sell-side analysts, confirming that Wall Street is aware of this stock. That may be a sign it’s overlooked status could change in a heartbeat, indicating that astute investors may want to examine the name here and now.
This post originally appeared at The Motley Fool.