The Ubika Energy 20 (UE20) index fell 20.8% during the past month, following a similar sharp decline in the WTI crude oil price, which is flirting with the US$40 support level. Also in negative territory was the TSX Capped Energy Index, sliding 11.9%. Granite Oil Corp. (TSX: GXO) was the top-performing component company this month, climbing 12% after announcing an increase in its monthly dividend.
[ihc-hide-content ihc_mb_type=”block” ihc_mb_who=”unreg” ihc_mb_template=”7″ ]
[/ihc-hide-content]
