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A newly released ranking of the Toronto Stock Exchange’s top performers shows just how dominant Canadian oil and gas stocks have been in 2022 thanks to surging global energy demand and sky-high commodity prices. The TSX 30 is an annual list of the top-performing stocks on the TSX over a three-year period, based on dividend-adjusted share price performance. The 2022 edition of the list, released Thursday, reflects the recent resurgence of Canadian energy stocks on equity markets, with 14 of the 30 top spots this year going to oil and gas companies. Fifty per cent of this year’s TSX 30 companies are headquartered in Alberta, the heart of Canada’s energy industry. “From our perspective, it’s actually quite exciting,” said Loui Anastasopoulos, president of capital formation and enterprise marketing officer with the TSX. “This is definitely a breakthrough year for Canada’s energy sector. It signals the global importance of the energy sector and the strong fundamentals we’re seeing from Canadian energy companies.” Among the oil and gas companies on this year’s list are Paramount Resources Ltd. , Tourmaline Oil Corp. , MEG Energy Corp. , Athabasca Oil Corp. and Baytex Energy Corp. The second most represented sector on the TSX […]
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