Price Increase Since July 18 - Tou,Su,Cve,Cnq etc. I had jotted down share prices of the following 8
Canadian oil and ng companies on July 18 and compared prices to market close today (Why July 18 - I had just returned from 2 week on an out of country trip). I listed the % price increase from July 18 till today.
These are companies I like and usually hold some shares in, although I go back and forth as I do sometimes take profits (lol or sometimes loss's).
CNQ 19%
TOU 4%
CVE 21%
SU 21%
WCP 16%
CR 14%
KEL 17%
ARX 7%
The % increases vary depending on mostly whether they are Oil or NG focused . Tou and Arx were lowest due to being very NG focused although they both hsve considerable NG liquid production.
I was surprised at the impressive share price increases although almost all had witnessed share price decreases over the the previous 8 to 10 months .
I hope we see continued increases till end of 2023 and beyond, but as always there will be ups and downs based on the market.