RBC Capital Markets list of top global energy picks has dramatically outperformed their benchmarks,
“Our view: In April, the RBC Global Energy Best Ideas List was up 1.2% compared to the iShares S&P Global Energy Sector ETF (IXC) down 1.9% and a hybrid benchmark (75% IXC, 25% JXI – iShares Global Utilities ETF) down 2.5%. Since its inception in February 2013, the RBC Global Energy Best Ideas List is up 117.6% compared to the S&P Global Energy Sector ETF up 13.3%.”
The list is Shell Oil, BP, Cenovus Energy, ConocoPhillips, Canadian Natural Resources, Santos Ltd., Tourmaline Oil, ARC Resources, Range Resources, California Resources Corp., Tamarack Valley Energy, Schlumberger Ltd., Secure Energy Services, Cheniere Energy Inc., Altagas Ltd., Energy Transfer LP, rattler Midstream LP, Targa Resources Corp., The AES Corp., Algonquin Power & Utilities and Drax Group.