Q: I received an email from Paul Colbourne with regards to surge having 6 of the top 10 producing medium heavy oil wells in Canada and 14 year plus inventory in the Sparky.Your thoughts on this please and Surge in general please? Lots of insider selling of late doesn't look great.
Q: sI’ve been heavily allocated to Canadian energy producers over the past year, primarily through ETFs and large-cap names.
What I haven’t seen yet is a meaningful breakout in the junior oil producer names (ie. leveraged to the price of oil) compared to what we saw with the juniors in the gold and silver market over the winter.
I’m interested in gaining exposure further down the market cap spectrum and would appreciate your perspective on where the best opportunities may lie in Canadian junior producers.
Specifically:
Which sub-$1 billion market cap Canadian oil producers do you see as most compelling today?
Are there particular companies you believe are attracting institutional interest or are positioned for a re-rating if oil prices are maintained or strengthened?
And more broadly, do you expect the juniors to lag this cycle, or is this simply a timing issue before capital rotates down the cap stack?
Any specific names or themes you’re watching in that segment would be greatly appreciated.
What I haven’t seen yet is a meaningful breakout in the junior oil producer names (ie. leveraged to the price of oil) compared to what we saw with the juniors in the gold and silver market over the winter.
I’m interested in gaining exposure further down the market cap spectrum and would appreciate your perspective on where the best opportunities may lie in Canadian junior producers.
Specifically:
Which sub-$1 billion market cap Canadian oil producers do you see as most compelling today?
Are there particular companies you believe are attracting institutional interest or are positioned for a re-rating if oil prices are maintained or strengthened?
And more broadly, do you expect the juniors to lag this cycle, or is this simply a timing issue before capital rotates down the cap stack?
Any specific names or themes you’re watching in that segment would be greatly appreciated.
Q: Hello 5i,
In light of current status with oil and gas markets and what now most likely will be prolonged high prices, could you suggest two or three junior or mid cap O&G producers that might currently have greater upside opportunity than the larger producers.
Thank you so much for so many years of very sage advise.
Ralph
In light of current status with oil and gas markets and what now most likely will be prolonged high prices, could you suggest two or three junior or mid cap O&G producers that might currently have greater upside opportunity than the larger producers.
Thank you so much for so many years of very sage advise.
Ralph