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Top 5 Energy Stocks To Watch in 2021

Melisa R. H. Posted On January 6, 2021
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Energy

Energy saw a recovery later in the year as demand outpaced supply. The sector has been hit by negative sentiments towards traditional energy and perceived non-ESG friendliness. The Biden presidency is a headwind in some regards, but existing energy infrastructure will become more valuable. There has been consolidation in the sector. Many companies in the sector offer high yield and stable dividends.

Here are the top 5 energy stocks to watch in 2021:

1.-MEG Energy Corp (MEG-T)

MEG Energy Corp (MEG.TO)
MEG Energy Corp (MEG.TO)

Opinion about MEG.TO: One of his largest holdings. It has sold off from tariff worries, just hitting a one-year low. They have 35 years of stay-flat…

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2.-Tourmaline Oil Corp (TOU-T) 
Tourmaline Oil Corp (TOU.TO)
Tourmaline Oil Corp (TOU.TO)

Opinion about TOU.TO: Really good management, building a strong company. Assets sales should bolster balance sheet. Needs stronger, sustained oil…

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3.-Enbridge (ENB-T)
Enbridge (ENB.TO)
Enbridge (ENB.TO)

Opinion about ENB.TO: The dividend is over 6% and earnings will grow at about 5%. This combines to make a rate of return at 11% which is pretty…

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4.-Canadian Natural Rsrcs (CNQ-T)
Canadian Natural Rsrcs (CNQ.TO)
Canadian Natural Rsrcs (CNQ.TO)

Opinion about CNQ.TO: Stockchase Research Editor: Michael O'Reilly As members of the US Administration expect a continuation of high energy prices…

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5.-Suncor Energy Inc (SU-T)
Suncor Energy Inc (SU.TO)
Suncor Energy Inc (SU.TO)

Opinion about SU.TO: Up 134%. Hold? Sell? Definitely continue to hold. Still sees quite a bit of upside. Has done quite well this year, after having…

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