Written by Robin Brown at The Motley Fool Canada
There has been a major shift in the Canadian energy sector over the past five years.
Rather than focus on aggressive production growth, most energy companies have shifted their focus to sustainably managing their balance sheets and return most of their excess capital back to shareholders.
Energy investors can now expect a wave of tangible returns (base dividend growth, special dividends, and share buybacks) in the coming years. If you are looking to participate, here are three top Canadian energy stocks to look at right now.
Canadian Natural: The best of the best energy stocks
Canadian Natural Resources (TSX:CNQ) is not the cheapest energy stock by any means. But the fact that its stock is up 21% in 2024 and 154% in the past five years speaks to the quality of this business.
Not only is Canadian Natural the largest oil producer in Canada, it is also one of the…
