SPTSXEN S&P/TSX Capped Energy Index Loading... : Bullish and Bearish Analyst Opinions
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22:44
Jul 10
Jul 10
Buy Canadian energy on oil pullbacks.
Canadian energy stocks are extremely cheap, trading under 3x cash flow, and a pullback in oil to the mid-$60s will create another great buying opportunity. Growing production, new pipeline support from a more pro-energy government, and a bullish oil outlook into 2027 provide significant upside. The sector offers value across large-cap dividend payers, growth producers, and entrepreneurial drillers, and is trading cheaper than US and international energy names.
HIGH
About SPTSXEN Analyst Coverage
Buzzberg tracks SPTSXEN (S&P/TSX Capped Energy Index) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Latest voices: Josef Schachter.