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 pricing remains strong and demand returns, analysts today are beginning to see the opportunity for outsized returns.
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