Oil price shows signs of recovery yet many Canadian oil and gas stocks continue to be weak
This Content is Exclusive to Our Members
The Ubika Energy 20 Index declined 7.8% since our last report dated January 29, 2018, underperforming its benchmarks, WTI oil and the TSX/S&P Energy Index, which decreased 0.9% and 7.6%, respectively, over the same period. Notable performers for this report include:
Blackbird Energy Inc. (TSXV:BBI), which climbed 22% buoyed by strong production and testing results.
TAG Oil Ltd. (TSX:TAO), which slid 18% due to the failure of one of its exploration drills.
Delphi Energy Corp. (TSX:DEE), which declined 11% despite strong production results.
To read our full disclosure, please click on the button below:
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.