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.

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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

TSX Today: What to Watch for in Stocks on Thursday, November 9

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Third-quarter corporate earnings could keep TSX stocks volatile today, as commodity prices go sideways.

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Despite an over 25% increase in the stock price, the uptrend in CNQ could continue.

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Energy stocks such as Canadian Natural Resources (CNQ) stock have strong leverage from rising oil prices, which remain above $80.

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The main TSX index just posted its best weekly performance since April 2020.

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Canadian Natural Resources is an energy stock that will likely continue to provide shareholders with above average long-term returns.

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Energy Stocks

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Surging Crude Prices: Is Suncor Energy’s Dividend About to Get Even Bigger?

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Income Investors: Should You Buy Enbridge Stock or TC Energy Stock Now?

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Enbridge and TC Energy now offer dividend yields near 8%.

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Energy Stocks

Should You Buy Suncor Stock or Enbridge Stock Now?

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Two underperforming dividend stocks but potential multi-baggers should be on investors’ watchlist.

Better Buy: Cameco Stock or Brookfield Renewable Stock?

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Enbridge continues to generate strong cash flows within its increasingly safe business model, setting it up for lasting success.

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TSX Today: What to Watch for in Stocks on Thursday, October 26

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Energy Stocks

200 Shares of This Company Will Generate $60 Every Month

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Generate extra cash flows by putting your money to work in the market in dividend stocks like Canadian Natural Resources.

Energy Stocks

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Energy Stocks

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Energy Stocks

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