Energy Stocks News

Energy Stocks

What are energy stocks?

Energy stocks represent partial ownership in companies that supply electricity and fuel for the global economy. The energy sector in Canada is vast, comprising a large portion of the TSX. Energy stocks include:

Liquefied natural gas companies
Natural gas companies
Oil companies

(Renewable energy stocks are part of the TSX’s utilities sector.)

How can you pick energy stocks?

1. Look for companies with a promising future

It’s no surprise that the energy sector is under intense scrutiny. With climate change at the front of many people’s minds (from governments to investors), energy companies, old and new, are constantly adapting to a new world. Many people want cleaner energy. And it’s the energy sector’s challenge to make clean energy available — and profitable, too.

For that reason, investors will do well to look for innovative companies that are actively solving contemporary energy problems. Though we’re not suggesting investors ignore bigger companies in oil or natural gas, we are suggesting you keep an eye on the future as you’re picking your energy stocks.

Given the direction the world is going, ask yourself: who will be around in 20, 30, or even 40 years? That’s one of the biggest questions you can answer as an energy stock investor.

2. Analyze an energy company’s financial standing

The future of an energy company depends in part on how it’s handling its finances now. Given that prices within the energy sector are extremely volatile — just look at how the price of gas fluctuates — you want to be sure an energy company has the financial strength to withstand a recession. Some factors you may want to analyze include:

Strong balance sheet: the company should have lots of liquid cash on hand, as well as a capacity to borrow (if needed). It should also have low amounts of debt and a high investment grade.
Low production costs: the company shouldn’t be spending the majority of its revenue on producing energy. The company should have a stable revenue with minimal exposure to price fluctuations.
Conservative dividend payout ratio: though everyone likes to make money on dividends, if a company dishes too much out, it could end up cutting or reducing its dividend program during hard times.

3. Check here for our writer’s picks

Our writers are constantly analyzing the energy sector, as they look for Canadian energy stocks that are growing, as well as those that are under- or over- valued. Keep checking back here to see which stocks they recommend — and which they don’t.

[KevelPitch/]

In addition, you should read up on our Renewable Energy Stocks list.

Check back here for the most up to date information about energy stocks.

Recent Energy Stocks News

Energy Stocks

Before You Buy Tourmaline Stock: Here’s a Dividend Stock I’d Buy First

August 22, 2023 | Amy Legate-Wolfe

Tourmaline (TSX:TOU) stock soared in share price, plunged, and is up again. Here's why I'd pick this dividend stock over…

Here’s How TC Energy Can Afford to Pay You a 7.7% Dividend

August 21, 2023 | Brian Paradza, CFA

TC Energy is a high-yield Canadian dividend stock that could afford to pay investors a 7.7% dividend yield over the…

Energy Stocks

TSX Today: What to Watch for in Stocks on Monday, August 21

August 21, 2023 | Jitendra Parashar

The TSX Composite benchmark slid 2.9% last week to post its worst performance in 23 weeks.

Energy Stocks

Here’s How Enbridge Can Afford its 7.6% Dividend Yield

August 18, 2023 | Andrew Button

Enbridge Inc (TSX:ENB) has an extremely high dividend yield. Here's how the company can afford to pay it.

Energy Stocks

TSX Today: What to Watch for in Stocks on Friday, August 18

August 18, 2023 | Jitendra Parashar

The TSX Composite benchmark remains on track to end this week deep in the negative territory.

Is TC Energy Stock a Buy Now for its 7.7% Dividend Yield?

August 17, 2023 | Andrew Walker

TRP stock looks oversold. Is more downside on the way?

Suncor Stock: Time to Buy?

August 17, 2023 | Andrew Walker

Suncor is lagging its peers. Is a turnaround on the way?

Energy Stocks

TSX Today: Why Canadian Stocks Could Rebound on Thursday, August 17

August 17, 2023 | Jitendra Parashar

An early morning rally in oil and metals prices could help the main TSX index recover at the open today.

2 Undervalued Gems I’d Buy Right Now

August 16, 2023 | Aditya Raghunath

TSX stocks such as Enerflex and EQB are priced at a massive discount to consensus price target estimates.

a person watches a downward arrow crash through the floor

Energy Stocks

Missed the Market Bottom? Think Again

August 16, 2023 | Amy Legate-Wolfe

Investors who believe a market bottom is gone may forget that we're due for another rate hike come September.

Energy Stocks

TSX Today: Why Canadian Stocks Could Fall on Tuesday, August 15

August 15, 2023 | Jitendra Parashar

Big overnight losses in commodity prices could pressure the TSX index at the open today, as investors closely monitor the…

A Dividend Giant I’d Buy Over Suncor Stock

August 14, 2023 | Ambrose O'Callaghan

Suncor Energy Inc. (TSX:SU) stock offers solid value and income, but I’m targeting another dividend giant in August.

Canada’s Green Future: Riding the Wave of Renewable Energy Stocks

August 11, 2023 | Christopher Liew, CFA

Canadian renewable energy stocks are great options for growth and income investors because of long-term value creation and healthy dividends.

Energy Stocks

Ballard Power Stock: Is the Renewable Energy Stock a Buy After New Orders Double?

August 10, 2023 | Amy Legate-Wolfe

Renewable energy stock Ballard Power (TSX:BLDP) saw sales double in the last year and expects more great things to come.

This Energy Stock Pays You Monthly and Currently Yields 7.4%

August 10, 2023 | Daniel Da Costa

This top Canadian energy stock offers an attractive yield and reliable monthly dividend, making it an excellent investment for the…

Energy Stocks

TSX Today: What to Watch for in Stocks on Thursday, August 10

August 10, 2023 | Jitendra Parashar

More corporate earnings, commodity market volatility, and U.S. consumer inflation numbers could keep TSX stocks highly unpredictable today.

Energy Stocks

Better Buy: Suncor Stock or Enbridge?

August 9, 2023 | Ambrose O'Callaghan

Suncor Energy Inc. (TSX:SU) stock and Enbridge Inc. (TSX:ENB) are two top energy stocks on the TSX, but I’m picking…

Here’s How to Get $2,000 in Passive Income Each Year With Only $26,543

August 9, 2023 | Christopher Liew, CFA

Laid-back investors can get $2,000 in passive income each year with not much capital invested in high-yield dividend stocks.

A solar cell panel generates power in a country mountain landscape.

Dividend Stocks

Is Enbridge the Best Dividend Stock for You?

August 9, 2023 | Demetris Afxentiou

Investors looking for the absolute best dividend stock for their portfolios should take a closer look at Enbridge (TSX:ENB)

TC Energy’s Spinoff: What Should Investors Do?

August 9, 2023 | Kay Ng

Income investors could be attracted to TC Energy's 7.7% dividend yield, but it may be wise to wait for after…

This Growth Stock Could 10X in 10 Years

August 9, 2023 | Amy Legate-Wolfe

This growth stock has fallen by 10% in the last three months but is up 65% since coming on the…

Energy Stocks

TSX Today: What to Watch for in Stocks on Wednesday, August 9

August 9, 2023 | Jitendra Parashar

A continued rally in oil prices could lift TSX energy stocks at the open today while most investors remain focused…

Should You Buy TC Energy Stock for its 7.7% Dividend Yield?

August 8, 2023 | Aditya Raghunath

TC Energy has increased dividends by 5% annually in the last 28 years. It offers a dividend yield of 7.7%…

Canadian Natural Resources Stock Is a Tremendous Bargain Today

August 6, 2023 | Joey Frenette

Canadian Natural Resources (TSX:CNQ) is an oil kingpin that investors should nibble at if they seek value and a potential…

Before You Buy Suncor: Here Are 2 Energy Stocks I’d Buy First

August 4, 2023 | Robin Brown

Suncor Energy has a big 5% dividend, but here are two top Canadian energy stocks I would much rather be…

Is CNQ Stock Still a Buy?

August 4, 2023 | Andrew Walker

Canadian Natural Resources is on a roll. Is this the time to buy or should investors wait?

Energy Stocks

A Dividend Giant I’d Buy Over TransAlta Renewables Stock

August 3, 2023 | Puja Tayal

TransAlta Renewables’ 7% dividend yield is fading as it merges with its parent. But this dividend giant can give a…

3 Pipeline Stocks That Are Screaming Buys in August

August 3, 2023 | Puja Tayal

Pipeline stocks started August in red as TC Energy's spinoff made shareholders worry about dividends. Its time to lock in…

Buy 285 Shares in This Stock for $1,000 in Dividends Each Year

August 2, 2023 | Sneha Nahata

Earn a four-figure dividend income through this Canadian dividend stock offering a compelling yield.

TC Energy Stock: Buy, Sell, or Hold?

August 2, 2023 | Puja Tayal

TC Energy stock fell 13% after the company announced plans to spin off its oil pipeline business. Should you buy,…

Canada’s Clean Energy Leaders: Stocks Leading the Charge

August 2, 2023 | Sneha Nahata

Play the energy transition opportunity with these leading clean energy stocks.

Where to Invest in Oil Stocks in August 2023

August 2, 2023 | Andrew Button

Oil stocks like Suncor Energy (TSX:SU) are looking good in August 2023.

Energy Stocks

Is Suncor Stock a Buy?

August 1, 2023 | Andrew Walker

Suncor might be an interesting contrarian stock pick. Here's why.

3 Best Canadian Energy Stocks for Unstoppable Passive Income

July 31, 2023 | Christopher Liew, CFA

Three Canadian energy stocks will continue to pay quarterly dividends, notwithstanding the sector’s highly volatile nature.

Prediction: This Undervalued TSX Stock Could Surge 30% in the Next Year

July 31, 2023 | Aditya Raghunath

Do you want to invest in value stocks and benefit from outsized gains in the next year. Consider this cheap…

Turn Your TFSA Into a Passive Income Machine With This Stock

July 31, 2023 | Christopher Liew, CFA

One high-yield dividend stock can turn your TFSA into a passive income machine.

Energy Stocks

Why Uranium Stocks Could Surge Yet Again in 2023

July 29, 2023 | Amy Legate-Wolfe

Uranium stocks have surged this year, with uranium prices up 39% year over year. Yet more could be on the…

Why Pipeline Stocks Are Too Good to Pass Up in August 2023

July 28, 2023 | Joey Frenette

Enbridge (TSX:ENB) and TC Energy (TSX:TRP) are two high-yield pipeline stocks that are getting absurdly undervalued going into August 2023.

Gold Stocks vs. Oil Stocks: Where to Invest for the Rest of 2023

July 28, 2023 | Adam Othman

Gold stocks are coveted by investors as a hedge against weak markets, whereas oil stocks follow the underlying asset regardless…

The Future of Canadian Energy Stocks: Where to Invest Now

July 28, 2023 | Amy Legate-Wolfe

Energy stocks are changing, with more investment than ever going into renewable energy stocks. These are some of the ones…

❮1…29 303132 33…❯

Energy Stocks

2 Top TSX Energy Stocks to Buy in January 2023

Energy Stocks

Why Algonquin Power & Utilities Stock Slid 49.3% Last Year

Energy Stocks

Is CNQ Stock a Buy in January 2023?

Energy Stocks

Worried About a Recession? 3 TSX Giants to Outpace the Market

Energy Stocks

The Best Energy Dividend Stock for a Decade of Passive Income

Energy Stocks

Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

Dividend Stocks

3 Growth Stocks You Can Buy Right Now with Less Than $100

Energy Stocks

2 Energy Stocks You Can Buy Right Now to Play The EV Boom

Energy Stocks

Before You Buy Tourmaline Stock: Here’s a Dividend Stock I’d Buy First

Energy Stocks

Here’s How TC Energy Can Afford to Pay You a 7.7% Dividend

Energy Stocks

TSX Today: What to Watch for in Stocks on Monday, August 21

Energy Stocks

Here’s How Enbridge Can Afford its 7.6% Dividend Yield

Energy Stocks

TSX Today: What to Watch for in Stocks on Friday, August 18

Energy Stocks

Is TC Energy Stock a Buy Now for its 7.7% Dividend Yield?

Energy Stocks

Suncor Stock: Time to Buy?

Energy Stocks

TSX Today: Why Canadian Stocks Could Rebound on Thursday, August 17

Energy Stocks

2 Undervalued Gems I’d Buy Right Now

Energy Stocks

Missed the Market Bottom? Think Again

Energy Stocks

TSX Today: Why Canadian Stocks Could Fall on Tuesday, August 15

Energy Stocks

A Dividend Giant I’d Buy Over Suncor Stock

Energy Stocks

Canada’s Green Future: Riding the Wave of Renewable Energy Stocks

Energy Stocks

Ballard Power Stock: Is the Renewable Energy Stock a Buy After New Orders Double?

Energy Stocks

This Energy Stock Pays You Monthly and Currently Yields 7.4%

Energy Stocks

TSX Today: What to Watch for in Stocks on Thursday, August 10

Energy Stocks

Better Buy: Suncor Stock or Enbridge?

Energy Stocks

Here’s How to Get $2,000 in Passive Income Each Year With Only $26,543

Dividend Stocks

Is Enbridge the Best Dividend Stock for You?

Energy Stocks

TC Energy’s Spinoff: What Should Investors Do?

Energy Stocks

This Growth Stock Could 10X in 10 Years

Energy Stocks

TSX Today: What to Watch for in Stocks on Wednesday, August 9

Energy Stocks

Should You Buy TC Energy Stock for its 7.7% Dividend Yield?

Energy Stocks

Canadian Natural Resources Stock Is a Tremendous Bargain Today

Energy Stocks

Before You Buy Suncor: Here Are 2 Energy Stocks I’d Buy First

Energy Stocks

Is CNQ Stock Still a Buy?

Energy Stocks

A Dividend Giant I’d Buy Over TransAlta Renewables Stock

Energy Stocks

3 Pipeline Stocks That Are Screaming Buys in August

Energy Stocks

Buy 285 Shares in This Stock for $1,000 in Dividends Each Year

Energy Stocks

TC Energy Stock: Buy, Sell, or Hold?

Energy Stocks

Canada’s Clean Energy Leaders: Stocks Leading the Charge

Energy Stocks

Where to Invest in Oil Stocks in August 2023