RBC Global Energy Best Ideas RBC Capital Markets head of global energy research Greg Pardy made three changes to his Global Energy Best Ideas, adding Finland’s Neste Oyj and removing Callon Petroleum Co. and Diamondback Energy,
“In October, the RBC Global Energy Best Ideas List was up 0.1 per cent compared to the iShares S&P Global Energy Sector ETF (IXC) down 4.2 per cent and a hybrid benchmark (75-per-cent IXC, 25-per-cent JXI – iShares Global Utilities ETF) that was down 2.9 per cent on a sequential basis. Since its inception in February 2013, the RBC Global Energy Best Ideas List is up 158.4 per cent compared to the S&P Global Energy Sector ETF up 29.5 per cent.”
The remaining companies on the list are Suncor Energy, Obsidian Energy, Topaz Energy, Permian Resources Corp., ARC Resources, Tourmaline Oil, Canadian Natural Resources, Santos Ltd., SLB, Aker Solutions, Altagas Ltd., Pembina Pipeline Corp., Targa Resources Corp., Cheniere Energy Inc., Energy Transfer LP, Superior Plus and PG&E Corp.