1. Enbridge Inc. (ENB): Enbridge is one of North America’s largest energy infrastructure companies and has consistently shown strong performance. They have a very diversified portfolio that includes oil, natural gas, and renewable energy assets, which has allowed them to maintain stable growth.
2. Suncor Energy Inc. (SU): Suncor is a leading Canadian energy company that has an integrated business model that includes oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. Their focus on safe and sustainable operations has made them a solid investment choice.
3. Canadian Natural Resources Limited (CNQ): CNQ is one of the largest independent crude oil and natural gas producers in the world. With a robust portfolio of assets, they’ve demonstrated their ability to generate significant cash flows, even in challenging market conditions.
4. Vermilion Energy Inc. (VET): Vermilion is an international energy producer that focuses on generating value through the exploration, development, production and marketing of oil and natural gas. Despite market volatility, Vermilion has maintained a solid performance due to their focus on responsible development and risk management.
5. Gibson Energy Inc. (GEI): Gibson is a leading oil infrastructure company in Canada. They are focused on the storage, processing, and distribution of crude oil and other liquid hydrocarbons. Their diversified operations and stable fee-based revenue streams have resulted in impressive growth.