The Ubika Energy 20 (UE20) index rose 2.5% during the past month, edging out the 1.3% rise in the TSX Capped Energy Index. Both benchmarks benefitted from the 1.5% gain in the WTI oil price, yet crude is as volatile as ever, swinging between US$26/bbl – $35/bbl. Long Run Exploration Ltd. (TSX: LRE) was the top-performing component company during the past month, surging 53%.
Interested in previous UE20 reports? Here’s the link >>