Corporations & Institutions Investment Banking Industries of Focus Energy Energy Sub-Sectors, Analysts, and Team Members Andrew Bradford (AB) andrew.bradford@raymondjames.ca David Quezada (DQ) david.quezada@raymondjames.ca Frederic Bastien (FB) frederic.bastien@raymondjames.ca George Huang (GH) george.huang@raymondjames.ca Jeremy McCrea (JM) jeremy.mccrea@raymondjames.ca Michael Shaw (MS) michael.shaw@raymondjames.ca Coverage Universe Senior Oil & Gas Canadian Natural Resources CNQ TSX GH CNQ NYSE GH Cenovus Energy CVE TSX GH CVE NYSE GH Imperial Oil Limited IMO TSX GH IMO NYSE MKT GH Suncor Energy Inc. SU TSX GH SU NYSE GH Intermediate Oil & Gas Advantage Oil & Gas Ltd. AAV TSX JM ARC Resources Ltd. ARX TSX JM Baytex Energy BTE TSX JM Bellatrix Exploration Ltd. BXE TSX JM Birchcliff Energy Ltd. BIR TSX JM Crescent Point CPG TSX JM CPG NYSE JM Enerplus Corporation ERF TSX JM ERF NYSE JM Freehold Royalties Ltd. FRU TSX JM Kelt Exploration Ltd. KEL TSX JM NuVista Energy Ltd. NVA TSX JM Paramount Resources Ltd. POU TSX JM Peyto Exploration & Development Corp. PEY TSX JM PrairieSky Royalty Ltd. PSK TSX JM Spartan Delta Corp. SDE TSX JM Tamarack Valley Energy Ltd. TVE TSX JM Tourmaline Oil Corp. TOU TSX JM Vermilion Energy Inc. VET TSX JM VET NYSE JM Whitecap Resources Inc. WCP TSX JM Junior Oil & Gas Bonterra Energy Corp BNE TSX JM Cardinal Energy Ltd. CJ TSX JM Crew Energy CR TSX JM Headwater Exploration Inc. HWX TSX JM Obsidian Energy Ltd. OBE TSX JM Pipestone Energy PIPE TSX JM Storm Resources Ltd. SRX TSX JM Surge Energy Inc. SGY TSX JM Yangarra Resources Ltd. YGR TSX JM Oil & Gas Energy Services Contract Drillers Ensign Energy Services ESI TSX AB Precision Drilling Corp. PD TSX AB PDS NYSE AB Pressure Pumpers Calfrac Well Services Ltd. CFW TSX AB STEP Energy Services Ltd. STEP TSX AB Trican Well Service TCW TSX AB Ancillary Wellsite Services Essential Energy Services Ltd. ESN TSX AB Blended Production/Midstream/Wellsite CES Energy Solutions Corp. CEU TSX AB Enerflex Ltd. EFX TSX AB Mullen Group MTL TSX AB Questor Technology Inc. QST TSX MS Secure Energy Services Inc. SES TSX AB Oil Sands MEG Energy Corp. MEG TSX GH Power & Energy Infrastructure Diversified & Utilities Algonquin Power & Utilities AQN NYSE DQ AQN TSX DQ Brookfield Infrastructure Partners L.P. BIP NYSE FB BIP.UN TSX FB Emera Inc. EMA TSX DQ Fortis, Inc. FTS TSX DQ Hydro One Ltd. H TSX DQ, FB Spark Power Group SPG TSX DQ XEBEC Adsorption Inc. XBC TSX DQ Independent Power Producers Altius Renewables Inc. ARR TSX DQ Atlantica Sustainable Infrastructure AY NASDAQ DQ Boralex, Inc. BLX TSX DQ Brookfield Renewable Energy Partners L.P. BEP NYSE FB BEP.UN TSX FB Capital Power Corporation CPX TSX DQ Innergex Renewable Energy, Inc. INE TSX DQ Greenlane Renewables Inc. GRN TSX DQ Northland Power Inc. NPI TSX DQ Polaris Infrastructure Inc. PIF TSX DQ TransAlta Renewables Inc. RNW TSX DQ Pipelines & Midstream AltaGas Ltd. ALA TSX DQ Gibson Energy Inc. GEI TSX MS Keyera Corp. KEY TSX MS Pembina Pipeline Corporation PPL TSX MS PBA NYSE MS Topaz Energy Corp. TPZ TSX JM Learn More About Us Careers News & Media Contact Us Accessibility Legal Privacy Policy Raymond James Ltd. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and of the Canadian Investor Protection Fund (CIPF). Customers’ accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca. 3Macs, MacDougall, MacDougall & MacTier and Raymond James Correspondent Services are divisions of Raymond James Ltd. Raymond James Ltd. is an integrated financial services firm. Its subsidiaries, Raymond James Investment Counsel Ltd., Raymond James Financial Planning Ltd., Raymond James Trust (Canada) and Raymond James Trust (Québec) Ltd. are not members of the IIROC or the CIPF. Please consult each subsidiary’s webpages for applicable corporate, regulatory or membership information. © 2021 Raymond James Ltd. All rights reserved.