11:19 AM EDT, 06/26/2025 (MT Newswires) -- Enerflex ( EFXT ) , Trican Well Service ( TOLWF ) and CES Energy Solutions ( CESDF ) are part of RBC Capital Markets' list of preferred names in the oil and gas services sector, according to a Thursday note.

RBC said it added CES in the list and removed Pason Systems ( PSYTF ) ahead of the start of its coverage of second-quarter results in the sector on July 18.

According to RBC, its covered oil and gas services stocks are down 23% year to date, while oil is down 10% but up 18% from recent lows.

RBC said this divergence should prompt discussions on how much downside remains in the stocks.

RBC added that it its EBITDA estimates for oil and gas services companies are generally below the Street forecasts, but it sees select opportunities for relatively favorable risk/reward setups across the coverage.

"Our fundamental stock selection leans toward differentiated and resilient business models,

offering unique thematic exposure, basin diversification, and strong or improving FCF fundamentals," RBC said.

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