Natural gas is a non-renewable mixture of methane and other hydrocarbons that forms naturally underground and is often used as fuel. In Canada, natural gas is used for generating heat and electricity. Compared to other hydrocarbons, it burns cleaner and is easier to export globally.
But are natural gas companies good investment opportunities? Let’s take a look.
Related: List of stocks in the TSX energy sector
What are natural gas stocks?
Natural gas stocks are those companies involved in the production, processing, and sale of natural gas. Also included are companies that produce natural gas machinery and equipment, and those that provide support services like logistics and staffing.
Natural gas stocks fall under the umbrella of the energy sector given the close relationship between natural gas and other petroleum products.
Companies involved in natural gas can be classified broadly as either:
