Best Energy Stocks in Canada for 2026
Oil, gas, and services names ranked on 5-year averages and balance-sheet survival, since single-year metrics swing hard with commodity prices.
Energy (oil, gas, services) is among the most cyclical sectors covered. Trailing-12-month metrics swing wildly with commodity prices, so the composite uses 5-year averages where possible and weights Health (debt sustainability through low-price cycles) heavily. High-quality energy names are often differentiated by reserves and break-even costs more than headline earnings.
Canada listings on the Toronto Stock Exchange (TSX) lean heavily toward materials, energy, and financials, with composite scores reflecting that mix. Universe filters apply a minimum CAD 2 share price and USD 200M market cap.
Data as of (updated daily)
Top 20 Energy in Canada by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | VLE.TO | Valeura Energy Inc | 75.9 |
| 2 | PXT.TO | Parex Resources Inc | 74.4 |
| 3 | WCP.TO | Whitecap Resources Inc. | 68.0 |
| 4 | TCW.TO | Trican Well Service Ltd. | 66.4 |
| 5 | WRG.TO | Western Energy Services Corp. | 64.6 |
| 6 | SGY.TO | Surge Energy Inc. | 63.9 |
| 7 | TNZ.TO | Tenaz Energy Corp. | 63.7 |
| 8 | POU.TO | Paramount Resources Ltd. | 62.2 |
| 9 | HWX.TO | Headwater Exploration Inc | 62.0 |
| 10 | IMO.TO | Imperial Oil Ltd | 61.1 |
| 11 | SU.TO | Suncor Energy Inc | 60.9 |
| 12 | CFW.TO | Calfrac Well Services Ltd. | 59.0 |
| 13 | CNQ.TO | Canadian Natural Resources Ltd | 58.9 |
| 14 | BRY.TO | Bri-Chem Corp. | 58.8 |
| 15 | ARX.TO | ARC Resources Ltd. | 58.6 |
| 16 | CVE.TO | Cenovus Energy Inc | 58.0 |
| 17 | HWO.TO | High Arctic Energy Services Inc. | 57.5 |
| 18 | FLNT.TO | FLINT Corp. | 56.9 |
| 19 | PHX.TO | PHX Energy Services Corporation | 56.1 |
| 20 | ACX.TO | ACT Energy Technologies Ltd. | 55.8 |
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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Energy sector listed in Canada; use the screener for the full ranked list.