Sector Insider BuyingInk Research
As things stand right now, we see no hesitation. Our Energy Sentiment Indicator has soared over the past week to 300% meaning there are three times as many stocks in the sector with key insider buying as there are with key insider selling. While some of the buying is being led by the long-suffering uranium stock group, exploration and production stocks are also well represented among the buyers, and we expect them to dominate our April Energy Top 30 Report to be published this week on inkresearch.com. Whatever threat EVs may be posing to the oil patch, Canadian insiders are shaking them off.