UE20 has outperformed both of its benchmarks year-over-year
Over the past month, the Ubika Energy 20 (UE20) index is down by 8.2%, which seemed to follow the price of oil (WTI) as it has fallen 7.5%, and it pulled the TSX Capped Energy down 5.9% with it. Year-over-year, though, the UE20 has outperformed both of its benchmarks. Storm Resources Ltd. (CVE:SRX) was the top-performing component company during the past month, surging 15% after the Company entered into a processing arrangement with Spectra Energy as well as increased its 2017 production guidance.
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