10 energy stocks to watch

Ready to invest in the power industry? Compare potential investments and learn how to buy energy stocks in just a few steps.

Considering investing in energy stocks? While the best energy stocks depend on your portfolio and investment goals, we've identified some energy stocks that are worth keeping an eye on in the power sector. Keep reading to learn more about energy stocks and how to start investing.

We round up a selection of stocks in or related to the power industry, weighting the list more heavily towards popular mid- and large-cap stocks.

Best stock 1-year return Market cap Exchange Volume Buy on Questrade
Suncor Energy (SU.TO) 88.99% $123.4 billion (CAD) Toronto Stock Exchange 1,801,471 Buy now
TC Energy (TRP.TO) 27.92% $92.8 billion (CAD) Toronto Stock Exchange 3,440,604 Buy now
Chevron (CVX.US) 53.63% $444.4 billion (USD) NYSE 11,013,300 Buy now
Exxon Mobil (XOM.US) 51.39% $732.9 billion (USD) NYSE 11,578,508 Buy now
Canadian Natural Resources (CNQ.TO) 78.94% $141.2 billion (CAD) Toronto Stock Exchange 4,773,454 Buy now
Enbridge (ENB.TO) 9.24% $153.4 billion (CAD) Toronto Stock Exchange 8,244,031 Buy now
Imperial Oil (IMO.TO) 53.57% $88.8 billion (CAD) Toronto Stock Exchange 1,765,693 Buy now
Pembina Pipeline (PPL.TO) 37.80% $41.7 billion (CAD) Toronto Stock Exchange 1,753,095 Buy now
Cenovus Energy (CVE.TO) 94.29% $83 billion (CAD) Toronto Stock Exchange 4,246,496 Buy now
Gibson Energy (GEI.TO) 57.34% $5.8 billion (CAD) Toronto Stock Exchange 659,214 Buy now
The values in this table are accurate as of the market close on October 28, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.

What to look for when investing in energy stock

The power industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering energy stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.

How to invest in energy stock

  1. Research the power industry. Before investing, learn about the energy stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
  2. Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
  3. Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
  4. Select the energy stock(s) to buy. Search by company name or ticker symbol, like SU or CNQ. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
  5. Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.

Our top picks for where to buy energy stocks

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Are energy stocks a good investment?

While it's possible to turn a profit investing in energy stocks, keep in mind that—like any investment—energy stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the power industry, so carefully vet your picks before you invest.

What are the best energy stocks?

A lot of factors go into picking the best energy stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong energy stock investment for one person might not be suitable for another.

That said, we rounded up this list of popular energy stocks in or related to the power industry to help narrow down your options:

Keep in mind that this is not a "best" list or a recommendation. It highlights some energy stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.

We've outlined detailed company and stock performance details for each energy stock below. Keep reading to decide if any of these companies are the right investment for you.


Suncor Energy (SU)

Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally. The company operates through Oil Sands; Exploration and Production; and Refining and Marketing segments.

The Oil Sands segment produces bitumen; and markets, supplies, and transports and manages crude oil, power, and byproducts.

Closing stock price C$108.65
Market Capitalization C$123.4 billion
Gross profit (TTM) C$34.2 billion
Profit margin 15.78%
Revenue (TTM) C$56.6 billion
Earnings per share (TTM) C$7.89
52-week stock price range C$55.63 – C$112.80
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 28, 2026.

TC Energy (TRP)

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions.

The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.

Closing stock price C$87.52
Market Capitalization C$92.8 billion
Gross profit (TTM) C$10.9 billion
Profit margin 22.91%
Revenue (TTM) C$15.7 billion
Earnings per share (TTM) C$3.55
52-week stock price range C$67.28 – C$98.71
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations. It operates through Upstream and Downstream segments.

The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant.

Closing stock price $235.52
Market Capitalization $444.4 billion
Gross profit (TTM) $100.5 billion
Profit margin 11.92%
Revenue (TTM) $226.3 billion
Earnings per share (TTM) $13.62
52-week stock price range $142.51 – $236.48
All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

Exxon Mobil (XOM)

ExxonMobil Holdings Corporation engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally. The company operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.

Its Upstream segment explores for and produces crude oil and natural gas.

Closing stock price $177.46
Market Capitalization $732.9 billion
Gross profit (TTM) $115.7 billion
Profit margin 10.46%
Revenue (TTM) $388.2 billion
Earnings per share (TTM) $9.33
52-week stock price range $110.44 – $188.50
All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 2, 2026.

Canadian Natural Resources (CNQ)

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil.

Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose.

Closing stock price C$78.42
Market Capitalization C$141.2 billion
Gross profit (TTM) C$23 billion
Profit margin 26.31%
Revenue (TTM) C$44.7 billion
Earnings per share (TTM) C$5.63
52-week stock price range C$40.50 – C$78.60
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

Enbridge (ENB)

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.

The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

Closing stock price C$68.58
Market Capitalization C$153.4 billion
Gross profit (TTM) C$27.2 billion
Profit margin 7.34%
Revenue (TTM) C$83.5 billion
Earnings per share (TTM) C$2.59
52-week stock price range C$59.99 – C$79.56
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 2, 2026.

Imperial Oil (IMO)

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates in three segments: Upstream, Downstream and Chemical segments.

The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen.

Closing stock price C$193.48
Market Capitalization C$88.8 billion
Gross profit (TTM) C$9.3 billion
Profit margin 8.06%
Revenue (TTM) C$51.6 billion
Earnings per share (TTM) C$8.55
52-week stock price range C$113.03 – C$192.40
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

Pembina Pipeline (PPL)

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.

The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.

Closing stock price C$71.71
Market Capitalization C$41.7 billion
Gross profit (TTM) C$3.1 billion
Profit margin 22.42%
Revenue (TTM) C$8 billion
Earnings per share (TTM) C$2.84
52-week stock price range C$48.48 – C$71.91
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

Cenovus Energy (CVE)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments.

The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region.

Closing stock price C$45.02
Market Capitalization C$83 billion
Gross profit (TTM) C$16.1 billion
Profit margin 12.37%
Revenue (TTM) C$53.9 billion
Earnings per share (TTM) C$3.59
52-week stock price range C$21.26 – C$47.46
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 28, 2026.

Gibson Energy (GEI)

Gibson Energy Inc., together with its subsidiaries, engages in the gathering, storing, optimizing, and processing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments.

The company operates a network of infrastructure assets that include terminals, rail loading and unloading facilities, gathering pipelines, diluent recovery unit, and crude oil processing facility.

Closing stock price C$34.14
Market Capitalization C$5.8 billion
Gross profit (TTM) C$446 million
Profit margin 1.32%
Revenue (TTM) C$12.8 billion
Earnings per share (TTM) C$0.99
52-week stock price range C$20.77 – C$34.15
All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 2, 2026.

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Bottom line

If you're considering adding energy stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of energy stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the power industry to know when to buy, sell or hold. How to buy stocks in Canada

Frequently asked questions about energy stocks

Check these other commodities and investment sectors

If you're thinking about diversifying your portfolio and investing in sectors beyond energy stocks, here are some others you can consider:
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

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