November eNews

Sequeira Energy Synopsis – January 2018 Newsletter

Our Sequeira Oilfield Service Index rose 3% month-over-month to the end of January; however, recent volatility in the markets has caused our index to be down nearly 8% over the first half of February. Q4 earnings season for the super majors kicked off earlier in the month with NOV and Halliburton reporting stronger earnings than analyst consensus. Unfortunately, the same …

What’s the Deal? Q4 2017 – Industrials & Diversified Services Quarterly Review

Happy new year! With our last quarterly publication of 2017 we would like to introduce the Western Canadian Industrial Index, a proprietary tool for readers compiled by Sequeira Partners to show public company stock performance as an indicator of broader business trends in Western Canada. Looking into 2018, there is a lot to be optimistic about. We expect strong deal …

Aroon Sequeira on 2018: Looking ahead and it’s looking up

The start of another new year had me reflecting on my 35-plus years of practice. My career started in 1981, one year after the National Energy Program was announced as part of the federal budget; a response to the oil crises of the 1970s and the inflation and unemployment that followed. Since then, I’ve seen many ups and downs. Part …

November eNews

Sequeira Energy Synopsis – November 2017 Newsletter

Our Sequeira Oilfield Service Index declined 3% month-over-month to the end of November. Conversely, WTI prices increased 6% over the same time frame. Last week, OPEC sent a strong message with a nine month extension to production cuts in an effort to balance the market; however, despite the move, investors’ appetite for oilfield stocks has remained cautious. See appendix for …