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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Analysts, strategists and economists at Goldman Sachs detailed their bullish case for the Canadian oil and gas sector in a Wednesday report entitled
Canada Energy Outlook - A cross-asset bull market. Here are some excerpts (my emphasis), Canadian economy and local producers will benefit from this recovery, especially following the recent large rebound in production … [analyst] Neil Mehta expects that the capex discipline of Canadian producers will lead to a strong positive FCF [free cash flow] inflection in 2021/2022 as commodity prices recover …