Sequeira Energy Synopsis – August 2021 Newsletter

Crude prices over the course of August demonstrated quite a bit of flux as concerns over the spread of the delta variant hampered optimism in the markets and drove WTI prices down to ~$62/bbl. The market has since rebounded as hurricane season took a significant amount of offshore production offline in North America and decreasing inventory levels came back into …

Sequeira Energy Synopsis – May 2021 Newsletter

As global restrictions continue to lift and economic activity ramps up, crude pricing has continued to improve. In concert with improvements in commodity pricing the TSX energy index ended the month 8% higher than the previous month. Our Sequeira OFS index and the TSX composite index also showed improvement month over month, increasing by 3% and 4% respectively. With the …

Sequeira Energy Synopsis – February 2021 Newsletter

February was a strong month for the energy sector with higher prices driving both the Sequeira OFS index and the TSX Energy index higher by 14% and 22% in the month respectively. That said, investors, many burned by promises of past recoveries, have hesitated to return capital to the Canadian energy sector and performance has lagged broader market activity. As …