Ubika Energy 20 Index Beats its Benchmarks

Chris Thompson | Head of Research | Ubika Research | Chris@UbikaResearch.com | 1 (416) 574-0469
Patrick Smith | Analyst | Ubika Research | Patrick@UbikaResearch.com | 1 (647) 444-5506
Richard Waxman | Associate | Ubika Research | Richard@UbikaResearch.com | 1 (647) 770-2185

Oil price surges on news of the Iran deal exit, sparking gains in many energy stocks

Ubika Energy 20 (April 3, 2018 - May 24, 2018)

UE20: 21.9% (-3.9% Y/Y)

TSX Capped Energy: 16.3% (5.1% Y/Y)

Oil (WTI): 13.0% (39.4% Y/Y)

Dollar amounts in CAD unless otherwise stated.

Top Volume Gainers (m/m)

The Ubika Energy 20 Index climbed 22% since our last report dated April 3, 2018, outperforming its benchmarks, WTI crude oil and the TSX/S&P Energy Index, which increased 13% and 16%, respectively, over the same period. Notable performers for this report include:

  • Crew Energy Inc. (TSX:CR), which gained 39% on news of a Q/Q production increase.
  • Tamarack Valley Energy Ltd. (TSX:TVE), which returned 57% following the commencement of a stock buyback
  • Storm Resources Ltd. (TSX:SRX), which increased 37% following an encouraging earnings release.

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