Patrick Smith | Analyst | Ubika Research | Patrick@UbikaResearch.com | 1 (647) 444-5506 Alp Erdogan | Analyst | Ubika Research | Alp@UbikaResearch.com | 1 (647) 479-5690 William Xiao | Associate | Ubika Research | email@example.com | 1 (647) 828-4632
Oil price is starting to rise again as Iranian sanctions loom
Ubika Energy 20 (May 24, 2018 - July 16, 2018)
UE20: -4.3% (3.6% Y/Y)
TSX Capped Energy: -2.3% (53.1% Y/Y)
Oil (WTI): 1.6% (25.2% Y/Y)
Dollar amounts in CAD unless otherwise stated
Top Volume Gainers (m/m)
The Ubika Energy 20 Index declined 4.3% since our last report dated May 22, 2018, underperforming its benchmarks, WTI crude oil and the TSX/S&P Energy Index, which decreased 2.3% and increased 1.6%, respectively, over the same period. Notable performers for this report include:
Corridor Resources Inc. (TSX:CDH), which slid 25% after poor exploration results at its Old Harry property.
Orca Exploration Group Inc. (TSXV:ORC.B), which rose 10% following its Q1 earning report.
Bonterra Energy Corp. (TSX:BNE), which gained 7% due to strong dividends with a 30% payout ratio.
This Content is Exclusive to Our Members
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.