Energy Stocks Just Keep on Shining, and Here Are 2 to Buy Today
Alex Smith
3 days ago
Canadaâs energy sector Is full of opportunities for investors. Some of those energy stocks continue to showcase impressive long-term appeal while generating a healthy income.
Here are two standout energy stocks to consider for your portfolio today.
Consider this diversified energy sector titan
One of the first energy stocks for investors to consider is Enbridge (TSX:ENB). Enbridge is one of the largest energy infrastructure companies on the planet. The company is best known for its lucrative pipeline business, which transports both crude and natural gas.
The pipeline business generates a passive, toll-road-like revenue stream. Even better, the revenue generated by the pipeline business is largely insulated from oil price volatility thanks to long-term contracts.
Adding in the sheer amount of crude and natural gas hauled by Enbridge, and you have one of the most defensive moats in the entire energy sector.
But that’s not all.
Enbridge also offers investors exposure to a growing renewable energy and natural gas utility portfolio. The renewable business includes a network of nearly 40 facilities located across North America and Europe. The natural gas utility boasts 7 million customers across North America.
Both segments generate stable, contract-backed revenue that supports both growth and Enbridgeâs reliable quarterly dividend.
As of the time of writing, the quarterly dividend offers a yield of 5.8%. This fact alone makes Enbridge one of the best energy stocks for investors to buy.
Prospective investors looking at energy stocks like Enbridge should note the company has provided annual bumps to that dividend going back over 30 consecutive years without fail.
Hereâs a one-stop shop of the entire energy sector
Among Canadaâs diversified mix of energy stocks, Suncor (TSX:SU) is one that stands out thanks to its integrated business model. As an integrated energy company, Suncor operates across the entire energy value chain.
In other words, Suncor produces oil, refines it into fuels and then sells those fuels, even directly to consumers through its Petro-Canada network.
The appeal of a vertically integrated energy company like Suncor is significant. This is because volatility in one area (such as a drop in oil prices) can be offset partially by strength in another (fuel retail profits).
Suncor is best known for its oil sands operations and Petro-Canada network, but it is expanding into new areas. More recently, the company has become known for its growing âElectric Highwayâ, which is a fast-charging EV network.
Suncor is also targeting upstream output increases of more than 100,000 barrels per day through 2026, putting high refinery utilization in the mid-90% range. This, in turn, allows Suncor to generate stronger profits, leading to further investment and higher dividends.
Speaking of dividends, Suncor has paid out dividends without fail for over three decades. This adds to its appeal as one of the superb energy stocks to buy. As of the time of writing, Suncor offers a tasty 4.1% yield. This makes it an attractive option for investors seeking growing, reliable income.
Your energy stocks to buy today
No stock is without risk. Both Enbridge and Suncor are top energy stocks. They both provide a great mix of defensive appeal and growth in addition to a growing dividend income.
In my opinion, one or both belong in any well-diversified portfolio.
The post Energy Stocks Just Keep on Shining, and Here Are 2 to Buy Today appeared first on The Motley Fool Canada.
Should you invest $1,000 in Enbridge Inc. right now?
Before you buy stock in Enbridge Inc., consider this:
The Motley Fool Stock Advisor Canada analyst team identified what they believe are the 15 best stocks for investors to buy now⦠and Enbridge Inc. wasnât one of them. The 15 stocks that made the cut could potentially produce monster returns in the coming years.
Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the âeBay of Latin Americaâ at the time of our recommendation, youâd have $21,105.89!*
Now, it’s worth noting Stock Advisor Canada’s total average return is 95%* – a market-crushing outperformance compared to 72%* for the S&P/TSX Composite Index. Don’t miss out on our top 15 list, available when you join Stock Advisor Canada.
See the 15 Stocks #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }* Returns as of November 17th, 2025
More reading
- 2 Dividend Growth Stocks Look Like Standout Buys as the Market Keeps Surging
- Top 3 Dividend Stocks to Buy Before the Year Runs Out
- Young Investors: 2 Excellent Starter Stocks for Your TFSA
- Dividend Fortunes: 2 Canadian Stocks Leading the Way to Retirement
- Outlook for Enbridge Stock in 2026
Fool contributor Demetris Afxentiou has positions in Enbridge. The Motley Fool recommends Enbridge. The Motley Fool has a disclosure policy.
Related Articles
3 Reasons to Buy Dollarama Stock Like There’s No Tomorrow
Here's why Dollarama is one of the few Canadian stocks that every type of invest...
Max Out Any TFSA With 2 Canadian Utility Stocks Set for Massive Growth
Looking to max out your TFSA in 2026? Two Canadian utilities offer dependable ca...
The Best Stocks to Invest $2,000 in a TFSA Right Now
As we inch closer to another year of trading on the stock market, here are two e...
These Are Some of the Top Dividend Stocks for Canadians in 2026
These stocks deserve to be on your radar for 2026. The post These Are Some of th...