This morning's G&M RBC’s oil and gas research team led by Greg Pardy updated their list of top stock ideas as the list continues to outperform,
“In July, the RBC Global Energy Best Ideas List was up 9.4% compared to the iShares S&P Global Energy Sector ETF (IXC) up 7.0% and a hybrid benchmark (75% IXC, 25% JXI – iShares Global Utilities ETF) up 6.5%. Since its inception in February 2013, the RBC Global Energy Best Ideas List is up 123.7% compared to the S&P Global Energy Sector ETF up 17%.”
The two changes this month are the addition of Liberty Energy and the removal of Secure Energy Services.
This leaves a list of Shell, BP, Suncor Energy, ConocoPhillips, Canadian Natural Resources, Enerplus Corp., Santos Ltd., Tourmaline Oil, ARC Resources, Range Resources, California Resources Corp., Tamarack Valley Energy, Freehold Royalties, Ranger Oil Corp., Brigham Minerals Inc., Schlumberger Ltd., Liberty Energy, Cheniere Energy Inc., Altagas Ltd., Algonquin Power and Utilities, Drax Group PLC and HF Sinclair Corp.