The Ubika Energy 20 (UE20) index slipped 11.2% during the past month, largely in line with the 11.9% drop in the Crude Oil (WTI) price. The TSX Capped Energy Index, meanwhile, eased 7.8%, still suffering due to the oil price diverging closer towards the US$40/barrel level. Storm Resources Ltd. (TSXV: SRX) was the top-performing component company this month, squeezing out a 0.3% gain after the oil and gas producer provided its outlook for 2016.
Interested in previous UE20 reports?
Here’s the archive link.
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