TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Written by SmallCapPower.com

OPEC surprised the market with 90% output compliance in January and similar compliance results are expected in February as the United Arab Emirates and Iraq also catch up with their targets. That being the case, we have identified 5 oil juniors who would benefit most from a continued rise in prices.

1. NuVista Energy Ltd. (TSX: NVA) (NUVSF) – $5.99 Canadian
Oil & Gas Exploration and Production

NuVista Energy Ltd. (NuVista) is an exploration and production company engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The Company’s products include natural gas, and condensate and oil.

• Market Cap: $1,035 million CAD
• EBITDA (LTM, CAD): $93,355,000
• Revenue (LTM, CAD): $236,157,000
• Total Debt (FQ0, CAD): $146,286,000

2. Cardinal Energy Ltd. (TSX: CJ) (CEGX) – $8.28 Canadian
Oil & Gas Exploration and Production

Cardinal Energy Ltd. is a Canada-based oil-focused company engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.

• Market Cap: $613 million CAD
• EBITDA (LTM, CAD): $16,436,000
• Revenue (LTM, CAD): $158,047,000
• Total Debt (FQ0, CAD): $69,233,000

3. TransGlobe Energy Corp. (TSX: TGL) (TGA) – $2.17 Canadian
Oil & Gas Exploration and Production

TransGlobe Energy Corporation is an oil exploration and production company with activities concentrated in the Arab Republic of Egypt (Egypt).

• Market Cap: $157 million CAD
• EBITDA (LTM, CAD): $5,713,975
• Revenue (LTM, CAD): $81,908,265
• Total Debt (FQ0, CAD): $26,330,137

4. Spartan Energy Corp. (TSX: SPE) (PTORF) – $2.83 Canadian
Oil & Gas Exploration and Production

Spartan Energy Corp., formerly Alexander Energy Ltd., is a Canada-based oil and natural gas exploration and production company with producing properties focused in Saskatchewan.

• Market Cap: $1,488 million CAD
• EBITDA (LTM, CAD)): $50,147,000
• Revenue (LTM, CAD): $129,144,000
• Total Debt (FQ0, CAD): $80,589,000

5. Sterling Resources Ltd. (TSXV: SLG) (SGURF) – $0.54 Canadian
Oil & Gas Exploration and Production

Sterling Resources Ltd. is a Canada-based energy company engaged in the acquisition of petroleum and natural gas rights, and the exploration for, and the development and production of, crude oil and natural gas.

The Company’s geographical segments include Canada, United Kingdom and Other International (France and the Netherlands.).

• Market Cap: $79 million CAD
• EBITDA (LTM, CAD): $18,933,183
• Revenue (LTM, CAD): $64,909,902
• Total Debt (FQ0, CAD): $53,638,235