The Ubika Energy 20 (UE20) index powered 36.3% higher during the past 2.5 months, handily surpassing the TSX Capped Energy index’s 16.7% gain over the same time period. BlackPearl Resources Inc. (TSE:PXX) was one of the top energy sector stocks, climbing 63% after the heavy oil and bitumen producer recently reported an 11% increase in Q1 oil and gas production.
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