Sagard sees energy stocks as potential hedge against inflation

• Sagard sees oil producers as a potential inflation hedge, with energy share gains potentially lagging improvements in expected profitability.
• Front-month WTI crude futures rose approximately 80% in 2026, trading above $103 per barrel as of October 23.
• December 2027 oil futures gained 39% to around $80 per barrel, suggesting greater potential upside than spot prices.
• The S&P 500 energy sector gained around 50%, but its roughly 3% index weight limited its broader market impact.
• Easing geopolitical tensions could reverse oil and energy-share gains, while eventual replenishment of released energy reserves could support demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sagard SAS published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.