Canadian Research Monitor: Research Highlights: Week of July 27 - July 31

Research evidence excerpt

Canadian Research Monitor: Research Highlights: Week of July 27 - July 31

Ken Goldman AC North America Equity Research

(1-212) 622-0359 03 August 2026 J P M O R G A N

ken.goldman@jpmorgan.com

All Reports

Sector Analyst Research

Capital Goods

Canadian National Railway: Sound of Silence Brian P. Ossenbeck, CFA Link

TFI International: Highlights from Call with the Company and Model Update Brian P. Ossenbeck, CFA Link

GFL Environmental: 2Q26 Alert Tami Zakaria, CFA Link

Canadian Pacific Kansas City: Staying the Course Brian P. Ossenbeck, CFA Link

Bombardier: First Look at Q2 Earnings Seth M. Seifman, CFA Link

GFL Environmental: 2Q26 Model Update Tami Zakaria, CFA Link

Hammond Power Solutions: 2Q First Take: Capacity Expansion Fuels Big Beat as Data Center Demand Stays Robust Tomohiko Sano Link

Transportation & Logistics: Weekly Fast Track: Week 3 Recap & Week 4 Look Ahead, Seasonal TL Softness Brian P. Ossenbeck, CFA Link

Consumer

Magna International Inc.: Strong 2Q Margin and FCF Beat; 2H Margin Guide Ahead of Consensus; Expect Outperformance Today Rajat Gupta Link

Energy

Ovintiv Inc: 2Q26 Post Mortem and Model Update: More Proof Points For Our Relative Re-rate Thesis Arun Jayaram Link

Gibson Energy Inc.: Marketing Drives 2Q Beat; Await Infrastructure Platform Expansion Updates & Refreshed Capital Allocation Priorities Jeremy Tonet, CFA Link

Rockpoint Gas Storage Inc.: Assuming Coverage and Maintaining OW; Quarterly Results Shaded Down to Account for Optimization Vrathan Reddy Link

Timing

Cenovus Energy: 2Q26 First Take – ALERT Arun Jayaram Link

Gibson Energy: 2Q in Review; Model Update Jeremy Tonet, CFA Link

Cenovus Energy: 2Q26 Post Mortem and Model Update: Production and Profit Engines Firing on All Cylinders; Raising Estimates and Arun Jayaram Link

Price Target