Since the turn of the year, energy stocks have become a put owner's dream--what with the energy sector virtually generating the worst returns of all US sectors. And the harder you look, the worse it seems to get, making it nearly impossible to find any value in this gridlocked mess. To say that small-cap oil and gas plays have been stinking the place out would be a severe understatement. The sector's favorite benchmark, the PowerShares S&P SmallCap Energy (PSCE) has lost a shocking 57% of its value in the current year, a grim indication of…
