Top 5 Energy Stocks To Watch in 2021
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:
Pure play oil sands company. 2023 will pay 100% back to shareholders. 35 years of production that shareholders only have to pay 3 years price for. Expecting a 100% return on the shares. Company has large amounts of tax loses. Expecting company to sell given value of shares on the market.
2.-Tourmaline Oil Corp (TOU-T)
The management team has done an excellent job. Mike Rose is still buying stock. It is mostly natural gas so is holding its own with oil downturns such as the one today.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Extended liquidity to $14B; well-equipped. Pipelines well-prepared for return in demand. Risk of low volumes to pipelines.
4.-Canadian Natural Rsrcs (CNQ-T)
A great business that's executed and acquired well. Oil will be tighter than people think. After 2020, they all cut capex, paid down debt, bought back stock, increased dividends. They continue to do all this. Will continue to throw off lots of free cash.
5.-Suncor Energy Inc (SU-T)
Impressive dividends and buybacks from the sector this year, likely to continue. Supply/demand dynamic still very tight, should be positive for free cashflow. Dividend is more than safe, should grow. Good to own for the next 12 months.