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 …

Sequeira Energy Synopsis – January 2021 Newsletter

While there’s no doubt that 2020 will be engrained in everyone’s minds for all the wrong reasons, we’re becoming increasingly optimistic that 2021 will be one to remember for all the right reasons. Many countries are in the midst of their vaccination programs with the markets anticipating a return to “normal” in the coming months. On the oil and gas …

Sequeira Energy Synopsis – November 2020 Newsletter

We finally received the news we’ve been waiting for with the successful development and trials of several vaccines that are now being distributed across the globe. The news comes at a time when a surge in COVID cases in much of the Western World has forced governments into various lockdown measures. While oil prices declined early in the month with …