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A Trade Made for Buffett: Energy Stocks Priced Below Book Value

(Bloomberg) -- Here’s something you don’t see in the market too often: A third of all mid- and small-cap oil and gas stocks in the US are now trading below their book values.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’How a Highway Became San Francisco’s Newest ParkPower-Hungry Data Centers Are Warming Homes in the NordicsMaryland’s Credit Rating Gets Downgraded as Governor Blames Trump NYC Commuters Brace for Chaos as NJ Transit Strike LoomsThat’s the