RBC Capital Markets head of global energy research Greg Pardy published a bit of table pounding with“Our 2024 Global Energy, Power & Infrastructure Conference on June 4-5 in New York is timely especially given energy market turbulence following the June 2 OPEC+ Ministerial Meeting. In our eyes, quality energy producers have gone on sale. Corporate consolidation amongst US energy companies is ripping.
Canadian producers in the best ideas list include Suncor Energy, Canadian Natural Resources, ARC Resources, and MEG Energy.“We often hear that Canadian banks are all the same, and while that is often the case it was certainly not the case in May. The spread between the best performing bank and the worst performing bank is a staggering 18%.
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