High Arctic Energy Services (TSX: HWO) Powers 16% Higher to Top the Ubika Energy 20 Index

Share on Linkedin

Ubika Energy 20 edged the TSX Capped Energy Index year over year

OPEC’s agreement to cut production and Trump’s pro-pipeline sentiments were not enough to lift our Ubika Energy 20 (UE20) Index, as it shed 13.6%. The UE20 index underperformed both its benchmarks, as oil saw a modest gain of 3.7% while the TSX Capped Energy Index dropped 8.9%. High Arctic Energy Services Inc. (TSX: HWO) was the top-performing component company during the past two months, climbing 16% following contract renewals, a dividend hike, and the closing of the Tervita Production Services acquisition.

Interested in previous Energy 20 reports? Here’s the link >>

This Content is Exclusive to Our Members

Login below