Posted September 20, 2018 09:47:40Energy industry stocks have been in a state of flux for the past year, and investors are still searching for signs of a recovery.
However, a number of companies that have been under heavy scrutiny recently have posted impressive gains.
What to know about energy stocksThe Energy Institute ranks energy stocks on five key indicators:• A strong economy has improved job growth and economic activity• Rising commodity prices are creating a strong demand for energy and other resources• Investors are more optimistic about the health of the Canadian economy• Canadian energy companies are among the best performing in the world and have diversified their business sources.• The Canadian energy industry is expected to expand by about 2.3 per cent this year, which is below the 1.5 per cent average growth rate in the last three years.
Ahead of this year’s energy boom, the oil and gas industry is a big focus of investor interest.
Investors have been looking for signs that the industry will see some improvement.
Investors are also concerned about the outlook for the energy sector, which could be affected by climate change.
Energy stocks have performed well in recent years, with energy stocks like ConocoPhillips and Encana Corp. posting strong performances.
But there are some companies that are looking very strong, and some that are struggling to keep up.
Here’s what to know.1.
ConocoPhilips, Canada’s largest oil and natural gas producer, was the best performer in the energy industry in 2017.
This year, the company has outperformed the benchmark S&P/TSX composite index, according to the BMO Capital Markets Canada Index, which measures the performance of the S&p/TSY sector.
The company has posted a positive return for the year, with an average return of 19.3 cents per share, compared to 13.4 cents for the S+P/ASX index.
The average price of ConocoPepco’s shares in 2017 was $56.19 per share.2.
Enron Energy, the world’s largest energy company, has been in the news recently for its efforts to combat climate change and the cost of energy.
Enroys shares have seen a significant increase over the last few months, up more than 300 per cent from the previous year.
As a result, the stock has outperform the S=P index, which tracks energy companies’ performance against the S.&=P.
In 2018, Enron had an average annual return of 23.2 cents per unit, according the Bloomberg Billionaire Index.
The stock has been one of the best performers in the S &=