Looking for a new angle to the energy trade? Interested in successful but undervalued energy stocks? If yes, then you should look north to Canada, which is home to dozens of publicly traded oil and gas companies, most of which have been on fire this year amid rising prices for crude oil and natural gas.
While it isn’t widely publicized, Canada has an estimated 17o billion barrels of crude oil, accounting for 10% of the world’s proven oil reserves. That makes Canada the perfect place to look for undervalued energy stocks that still have room to run.
So far in 2022, the Toronto Stock Exchange’s energy index has gained an impressive 54%. And many analysts see more growth ahead as we head into the cold winter months and the global demand for oil and natural gas spikes. Here are seven top energy stocks to buy in an under-the-radar market.
This post originally appeared at InvestorPlace.