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Sep 11, 2024 · Cenovus Energy (TSX: CVE) An integrated oil company that produces around 472,000 barrels of oil per day, with 6.7 billion in reserves. ExxonMobil (NYSE: XOM) One of the largest integrated oil ...
Sep 1, 2024 · 6. Parex Resources. Parex Resources offers a unique opportunity to Canadian investors, i.e., investing in a Canadian energy company that’s dominating a foreign market – Colombia. Parex has emerged as the largest independent oil and gas company in Colombia, with access to about 5.8 million net acres.
Dec 17, 2021 · The best oil stock to buy. There’s plenty of excellent oil stocks in Canada. However, if you’re looking for an overlooked name, Imperial Oil (TSX:IMO) (NYSE:IMO) should be on your radar. A spike in oil prices to multi-year highs has made the stock a firm favourite on the risk-reward front. Imperial Oil stock has shot up by more than 70% ...
May 6, 2024 · You can easily buy oil stock on a Canadian discount brokerage site where you can save on commission fees. Top Oil Stocks To Buy in Canada 1. Suncor Energy. Ticker Symbol: SU.TO; Type of Oil Company: Integrated; Market Cap: $59.78 billion; PE Ratio: 6.89; Dividend Yield: 4.63%; 52-week Trading Range: $36.23-$53.62
Dec 27, 2023 · Invest in individual oil stocks. Yield hungry investors look for stocks that pay an attractive dividend, and three oil stocks that fit the bill include: Canadian Natural Resources – 7.09% ...
Dec 17, 2021 · Trading at $42 a share, the stock is still attractive for bargain-hunters. There’s a global energy shortage. After years of low prices, producers haven’t invested in production capacity. Now ...
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Jun 15, 2023 · Canadian oil stocks are having a rough go of it in 2023. For the year, the TSX Energy Index is down 7%, at a time when the S&P 500 is rising. It’s no surprise why this is happening. Oil prices have been trending downward all year long. On the day this article was written, West Texas Intermediate crude oil futures went as low as $67.