Heavy Oil Investing News » Heavy oil producers expected to surprise: UBS

Heavy oil producers expected to surprise: UBS

April 16, 2009 @ 10:52 pm In Heavy Oil Market News

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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