Institutional Research
In-depth sector knowledge drives success.
ATB Capital Markets' Institutional Research team provides clients with a holistic view of the sectors driving our economy, and the tools to realize investment opportunities. Researchers focus on these key industries:
- Energy (conventional and alternative)
- Life Sciences
- Diversified Industries
Each analyst has demonstrated thought leadership in their specific arena. Their expertise, paired with our team’s understanding of market dynamics, creates the foundation for thorough and objective analysis—producing robust, actionable ideas for our clients.
Coverage Universe
Energy Services
Waqar Syed | Head of Institutional Research
BKR Baker Hughes Company
CFW Calfrac Well Services Ltd.
ESI Ensign Energy Services Inc.
HAL Halliburton Company
HP Helmerich & Payne Inc.
LBRT Liberty Oilfield Services Inc.
NBR Nabors Industries Ltd.
NOV National Oilwell Varco Inc.
NEX NexTier Oilfield Solutions Inc.
NINE Nine Energy Service Inc.
PTEN Patterson-UTI Energy Inc.
PD Precision Drilling Corporation
PUMP ProPetro Holding Corp.
RES RPC Inc.
SLB Schlumberger NV
STEP STEP Energy Services Ltd.
FTI TechnipFMC plc
TCW Trican Well Service Ltd.
Junior and Mid-Cap Exploration & Production
Patrick J. O'Rourke, CFA | Managing Director, Institutional Research
ARX ARC Resources Ltd.
BTE Baytex Energy Corp.
BIR Birchcliff Energy Ltd.
CNQ Canadian Natural Resources Limited
CVE Cenovus Energy Inc.
CPG Crescent Point Energy Corp.
CR Crew Energy Inc.
ERF Enerplus Corporation
FRU Freehold Royalties Ltd.
GXE Gear Energy Ltd.
IMO Imperial Oil Ltd..
IPO InPlay Oil Corp.
KEL Kelt Exploration Ltd.
MEG MEG Energy Corp.
NVA NuVista Energy Ltd.
POU Paramount Resources Ltd.
PSK PrairieSky Royalty Ltd.
SDE Spartan Delta Corp.
SU Suncor Energy Inc.
TVE Tamarack Valley Energy Ltd.
TPZ Topaz Energy Corp.
TOU Tourmaline Oil Corp.
VET Vermilion Energy Inc.
WCP Whitecap Resources Inc.
YGR Yangarra Resources Ltd.
Energy and Industrial Services and Technology
Tim Monachello, CFA | Managing Director, Institutional Research
AKT.A AKITA Drilling Ltd.
CEU CES Energy Solutions Corp.
EFX Enerflex Ltd.
EXTN Exterran Corporation
HWO High Arctic Energy Services Inc.
NOA North American Construction Group Ltd.
PHX PHX Energy Services Corp.
QST Questor Technology Inc.
SCL Shawcor Ltd.
TOT Total Energy Services
Energy Infrastructure
Nate Heywood, CFA | Managing Director, Institutional Research
ALA AltaGas Ltd.
CPX Capital Power Corporation
GEI Gibson Energy Inc.
KEY Keyera Corp.
LCFS Tidewater Renewables Ltd.
NPI Northland Power Inc.
PKI Parkland Fuel Corporation
PPL Pembina Pipeline Corporation
SES Secure Energy Services Inc.
SPB Superior Plus Corp.
TWM Tidewater Midstream and Infrastructure Ltd.
TA TransAlta Corporation
RNW TransAlta Renewable Inc.
Diversified Industries
Chris Murray, P. Eng., CFA | Managing Director, Institutional Research
ARE Aecon Group Inc.
AC Air Canada
ACQ AutoCanada Inc.
BDT Bird Construction Inc.
BBD.B Bombardier Inc.
BYD Boyd Group Services Inc.
CJT Cargojet Inc.
DXT Dexterra Group Inc.
EIF Exchange Income Corporation
EXO Exro Technologies Inc.
GFL GFL Environmental Inc.
MEQ Mainstreet Equity Corp.
NFI NFI Group Inc.
SNC SNC-Lavalin Group Inc.
STN Stantec Inc.
WCN Waste Connections Inc.
WSP WSP Global Inc.
Diversified Industries
Tim Monachello, CFA | Managing Director, Institutional Research
AFN Ag Growth International Inc.
Life Sciences
Frederico Gomes | Vice President, Institutional Research
ACB Aurora Cannabis Inc.
XLY Auxly Cannabis Group Inc.
FAF Fire & Flower Holdings Corp.
HEXO HEXO Corp.
HITI High Tide Inc.
KHRN Khiron Life Sciences Corp.
NOVC Nova Cannabis Inc.
OGI OrganiGram Holdings Inc.
SNDL Sundial Growers Inc.
VLNS The Valens Company
Kenric Tyghe | Managing Director, Institutional Research
AAWH Ascend Wellness Holdings Inc.
CCHW Columbia Care Inc.
CL Cresco Labs Inc.
HBOR Harborside Inc.
JUSH Jushi Holdings Inc.
TER TerrAscend Corp.
TRUL Trulieve Cannabis Corp.
VRNO Verano Holdings Corp.
Consumer and Retail
Kenric Tyghe | Managing Director, Institutional Research
EMP.A Empire Company Ltd.
L Loblaw Companies Ltd.
MRU Metro Inc.
Growth and Innovation
Martin Toner, CFA | Director, Institutional Research
DCBO Docebo Inc.
EINC E Automotive Inc.
KXS Kinaxis Inc.
LSPD Lightspeed POS Inc.
MCLD mCloud Technologies Corp.
REAL Real Matters Inc.
SHOP Shopify Inc.
SFTC Softchoice Corporation
THNC Thinkific Labs, Inc.
Contact us to receive updates and company-specific reports from the Institutional Research team.
