Where can you find a company with a P/E of 9, yield of 4%, growing earnings at over 70% yearly? The answer is in Canada’s oil patch. Canyon Services Group (FRC.TO) provides drilling services for oil and gas companies extracting hydrocarbons from the massive shale beds located in Canada. This well-managed company, in the latest fiscal year, showed a 25% net margin and 30% return on equity. This is the cheapest growth stock I’ve seen in a long time.