Opportunity in the TSX Energy laggards:

Did you miss the recent rebound in the TSX energy sector? The Shares S&P/TSX Capped Energy Index Fund (XEG) is a basket of 53 stocks related to the energy sector to include the oily producers, the gassy producers, the oil field service companies and the integrated producer / refiners. The oil field service companies (Energy Equipment & Services) is only 7.28% of the sector by weight – but no energy bull ran run without participation from this group as listed below

Calfrac Well Services Ltd       CFW

Canadian Energy Services     CEU

Enerflex Ltd.                            EFX

Ensign Energy Services Inc   ESI

Mullen Group Ltd.                    MTL

Pason Systems Inc                PSI

Precision Drilling Corporation PD

Savanna Energy Services      SVY

Secure Energy Services Inc.  SES

ShawCor Ltd                           SCL

Trican Well Service Ltd          TCW

Trinidad Drilling Ltd.                TDG

Note that CFW, PSI, PD, SES and TDG have just printed new 52 week highs

The chart displays two laggards in the oil field service companies group - Savanna Energy Services (SVY) and Trican Well Service Ltd (TCW) – both just rebounding up from a rising 40 week moving average – could be a low risk way to play.