The energy analysis team at RBC Capital Markets reported no changes to their top picks in the global oil and gas sector,
“Our view: In December, the RBC Global Energy Best Ideas List was down 5.0% compared to the iShares S&P Global Energy Sector ETF (IXC) down 3.1% and a hybrid benchmark (75% IXC, 25% JXI – iShares Global Utilities ETF) down 2.5%. Since its inception in February 2013, the RBC Global Energy Best Ideas List is up 137.7% compared to the S&P Global Energy Sector ETF up 26.4%.”
The stocks on the list are Tamarack Valley Energy Ltd., Topaz Energy Corp., California Resources Corp., Diamondback Energy Inc., Permian Resources Corp., Range Resources Corp., ARC Resources Ltd., Tourmaline Oil Corp., Canadian Natural Resources Ltd., Enerplus Corp., Santos Ltd., Liberty Energy Inc., Schlumberger NV, Pembina Pipeline Corp., Targa Resources Corp., Cheniere Energy Inc., Energy Transfer LP, Superior Plus Corp., HF Sinclair Corp., Marathon Petroleum Corp., PG&E Corp and Drax Group PLC.