Canadian Energy Price disconnect

Enbridge

Market Cap: CA$157.1b

Operates as an energy infrastructure company.

Cenovus Energy

Market Cap: CA$66.7b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Whitecap Resources

Market Cap: CA$17.6b

Engages in the acquisition, development, and holding of interests in petroleum and natural gas properties and assets in Western Canada.

Gibson Energy

Market Cap: CA$4.7b

Engages in the gathering, storing, optimizing, and processing of liquids and refined products in Canada and the United States.

Topaz Energy

Market Cap: CA$4.7b

Operates as a royalty and infrastructure energy company in Canada.

Paramount Resources

Market Cap: CA$3.9b

An energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada.

Enerflex

Market Cap: CA$3.9b

Offers modular natural gas, power technology, and treated water solutions in North America, Latin America, and the Eastern Hemisphere.

CES Energy Solutions

Market Cap: CA$3.8b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Parex Resources

Market Cap: CA$2.5b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

Advantage Energy

Market Cap: CA$1.6b

Engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada.

Saturn Oil & Gas

Market Cap: CA$1.0b

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

Total Energy Services

Market Cap: CA$839.2m

Operates as an energy services company primarily in Canada, the United States, Australia, and internationally.

Calfrac Well Services

Market Cap: CA$557.3m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Journey Energy

Market Cap: CA$340.1m

Engages in the exploration, development, and production of crude oil and natural gas in Canada.

Alvopetro Energy

Market Cap: CA$313.5m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

Pulse Seismic

Market Cap: CA$210.0m

Engages in the acquisition and licensing of 2D and 3D seismic data to the energy sector in western Canada.

Source Energy Services

Market Cap: CA$198.0m

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States.

Flint

Market Cap: CA$189.2m

Provides asset integrity services to the energy and industrial markets in Canada and the United States.

AKITA Drilling

Market Cap: CA$141.1m

Provides contract drilling services to the oil and gas industry in Canada and the United States.

Arrow Exploration

Market Cap: CA$120.1m

Operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.

Touchstone Exploration

Market Cap: CA$58.5m

Engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago.

Matachewan Consolidated Mines

Market Cap: CA$5.0m

Invests in mineral properties in Canada.