Q: I want to invest in the oil and gas service sector; primarily in western Canada, im not interested in the producers as I believe the Trump effect will eventually reduce the price of oil for the producer but not the service sector as I believe they will become busier due to the concept of drill baby drill! I would like to purchase TRP;PD but would also like to ask if you support this idea and provide any service names you like? Thank you.
5i Research Answer:
We would be fine with this thesis, certainly the outlook for the service sector may improve. We would look to PSI, CEU and PD here. For infrastructure/pipeline, we would consider ENB, PPL, TRP, primarily.