I Need A Drink :(WTI USD$ 62.57 +0.98 +1.59%
CPG CAD$ 4.17 -0.16 -3.70%
XEG CAD$ 9.93 -0.06 -0.60%
XOP.N USD$ 30.92 -0.25 -0.80%
I would echo ValueSeeker's comments, the entire sector seems to be out of favor. Although news from Reuters regarding oil has been very bullish for BRENT and WTI.
I would also add that in Canada the political risk is really bad - something needs to change at the federal level. The energy sector is a significant contributor to the Canadian economy and at one time contributed signifcant tax dollars and transfer payment to Eastern Canada.