Q: i have a large position in athabaska, the oil stocks seem to have finally found their legs.
i want to add one more oil, small cap, cdn, with the most upside. risk is not a factor.
which would you suggest.dave
i want to add one more oil, small cap, cdn, with the most upside. risk is not a factor.
which would you suggest.dave
5i Research Answer:
In the Canadian small-cap energy space, we like KEL and TVE.
TVE pays a ~4.0% yield while KEL does not pay a dividend. TVE is expected to grow faster next year, and historically it has outperformed KEL on a price appreciation basis. Both names are fairly valued and have good margins. We would rank TVE above KEL today for upside potential.