Is This The Most Undervalued Energy Stock?

When a sector is under pressure, as energy is now, individual stocks often get dragged down with everything else to a point that just defies logic. That is the case now with the Colorado-based oil and gas E&P company PDC Energy (PDCE). The stock has lost over half its value since the 52-week high just under a year ago and is now trading at trailing and forward P/Es of 11.59 and 7.21 respectively. Those are low, even for an energy stock, but there are signs that won’t last, and a bounce back looks likely.When an industry is facing tough…