Heavy oil producers expected to surprise: UBS
Canada’s energy sector can expect a lousy first quarter of earnings when its reporting season kicks off next week, but there could be a few pleasant surprises in one group within the sector that is heavy-oil producers.
Andrew Potter, energy analyst at UBS Securities Canada Inc., stated:
The latter part of Q1 showed some promise.
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Thu, Apr 16, 2009
Post by Melissa Pistilli, Heavy Oil Senior Reporter