13 Apr 2026
Dean’s high energy small cap picks on ausbiz
Three stocks that could win from the current Australian “fuel crisis” that I discussed with Andrew Geoghegan on ausbiz this morning.
EVZ Limited (ASX:EVZ), through its subsidiary Brockman Engineering, constructs and maintains fuel storage tanks for Exxon, United Petroleum and Viva Energy. Looking extremely attractive at an EV of just $20m.
Mkt Cap: $40m
Cash: $20m
Rev: $100m
EBITDA margins 7%
Similarly Saunders (ASX:SND) – is building fuel storage tanks for Ampol, the RAAF and Western Sydney International Airport. Low margins to bet on a turnaround.
Mkt Cap: $120m
Cash: $27m
Rev: $330m
EBITDA margins ~4%
Advanced Innergy Holdings Limited (ASX:AIH) – produces products for subsea cabling in the oil and gas industry and is currently looking to buy Australia competitor Matrix Composites & Engineering (ASX:MCE).
Mkt Cap: $370m
Cash: $2m
Rev: $390m
EBITDA margins ~18%