There are currently 10 energy stocks under Morningstar coverage trading at big discounts. In this article, we examine the pros and cons of three of the most undervalued energy names under Morningstar coverage: Whitehaven Coal (ASX: WHC), Z Energy (ASX: ZEL) and Beach Energy (ASX: BPT).
Source: Morningstar Direct; data as a 22 February 2021
Whitehaven Coal
Whitehaven Coal remains on the Morningstar Best Ideas list, with the shares trading at a more than 50 per cent discount to the $3.20 fair value estimate set by equity analyst Mathew Hodge.
Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with several mines in the Gunnedah Basin, NSW. It offers exposure to global energy and steel demand via thermal coal (used in electricity generation) and metallurgical coal (used in steelmaking).
NZ Super names Kristy Mactaggart to board of Guardians
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Source: New Zealand Super Fund
Kirsty Mactaggart has been appointed to the Board of the Guardians of New Zealand Superannuation, serving a five year term beginning in April 2021.
Ms Mactaggart brings extensive global capital markets experience, with a particular focus on corporate governance. She was Head of Equity Capital Markets for Asia Pacific with fund manager Fidelity from 2005 until 2018, and before that spent eleven years as Managing Director at investment bank Citigroup in both Europe and Asia.
Guardiansâ Chair Catherine Savage welcomes the appointment saying, âKirsty is a well-respected industry leader with a unique global perspective developed over her varied career. Her appointment comes at a challenging time in financial markets and we look forward to receiving the benefit of her expertise.â
Kirsty Mactaggart is a global capital markets professional with more than 25 years’ experience.
Tue, 23 Feb 2021 Kirsty Mactaggart
Kirsty Mactaggart has been appointed to the board of the Guardians of New Zealand Superannuation, serving a five-year term beginning in April 2021.
Mactaggart brings extensive global capital markets experience, with a particular focus on corporate governance. She was head of equity capital markets for Asia Pacific with fund manager Fidelity from 2005 until 2018, and before that spent 11 years as managing director at investment bank Citigroup in both Europe and Asia.
Guardians chair Catherine Savage welcomed the appointment saying: “Kirsty is a well-respected industry leader with a unique global perspective developed over her varied career. Her appointment comes at a challenging time in financial markets and we look forward to receiving the benefit of her expertise.”
Kirsty Mactaggart Appointed to Guardians’ Board of NZ Super
Posted on 02/23/2021
Former Fidelity executive, Kirsty Mactaggart has been appointed to the Board of the Guardians of New Zealand Superannuation, serving a five year term beginning in April 2021. She was Head of Equity Capital Markets for Asia Pacific with fund manager Fidelity from 2005 until 2018, and before that spent eleven years as Managing Director at investment bank Citigroup in both Europe and Asia.
Guardians’ Chair Catherine Savage welcomes the appointment saying in a press release, “Kirsty is a well-respected industry leader with a unique global perspective developed over her varied career. Her appointment comes at a challenging time in financial markets and we look forward to receiving the benefit of her expertise.”
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