Energy companies and one oilfield service company leapfrogged conventional growth stocks on this year\u0027s list. Read more.
Fourteen energy producers made the 2022 list of the 30 best performing stocks on the S&P/TSX index over the past three years, posting an average share-price increase of 306 per cent over that period.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
“We’re seeing an interest in the sector that we haven’t seen in years,” said TSX CEO Loui Anastasopoulos. “We’re seeing companies use their cash flows to pay down debt, buy back shares, increase dividends etc. It’s a lot of positive stuff.”Article content Meanwhile, e-commerce giant Shopify Inc. dropped off the rankings entirely after three years in either first or second place. Other pandemic-era darlings, such as Mississauga, Ont.’s Cargojet Inc., which soared on the boom in online shopping during COVID-19 lockdowns, also sank back to earth.
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