Discover the Leading 5 Oil and Gas Titans on TSX and TSXV for 2024!

1. Suncor Energy Inc. (TSX: SU) Regarded as one of the powerhouses in the Canadian oil sector, Suncor Energy Inc. continues to emerge as a pacesetter in the seal of oil stocks on the TSX. Suncor is an integrated energy company, with its operations stretching from upstream operations of oil sands development and upgrading, offshore oil and gas production, midstream operations, to downstream petroleum refining and product marketing under the Petro-Canada brand. By 2024, the company had achieved significant milestones; it had low production costs, high-quality assets, and a healthy balance sheet that prevails even with fluctuating oil prices. Thus, with a strong commitment to shareholder returns and a focus on sustainability, Suncor consistently ranks among the top choices for investors. 2. Canadian Natural Resources Limited (TSX: CNQ) Canadian Natural Resources Limited has carved out its niche firmly in the oil and gas industry, where it primarily explores, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). Its broad range of operations includes North America, the UK section of the North Sea, and Offshore Africa. Since 2024, CNQ emerged as one of the global leaders in cost-effective production due to the company’s diverse assets, efficient operations, and strategic acquisitions. With a focus on dividends and a comfortable payout ratio, CNQ captures the attention of income-focused investors. 3. Enbridge Inc. (TSX: ENB) Third on our list is Enbridge Inc., recognized as one of North America’s leading energy infrastructure companies. While not a producer, Enbridge operates the longest crude oil and liquid hydrocarbons transportation system globally and runs a significant natural gas delivery network, which works for millions of consumers in Canada and the USA. The company’s diversified business model, combined with a solid track record of earning steady cash flows, bodes well with conservative investors. Enbridge’s approach to secure and enhance long-term distributable cash flows has played a significant part in its recognition as an oil and gas stock to watch on the TSX. 4. Vermilion Energy Inc. (TSX: VET) Vermilion Energy Inc., known for dividend payouts, is an international energy producer that specializes in acquiring, exploring, developing, and optimizing producing properties in North America, Europe, and Australia. It places a massive emphasis on generating premium returns for its shareholders,