This oil sands company has become Canada’s top stock on crude’s bull run

author Breaking News   7 мес. назад
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This oil sands company has become Canada’s top stock on crude’s bull run
This oil sands company has become Canada’s top stock on crude’s bull run

For any investor who was looking to gain from rising oil prices, there may not have been a better way to play the recent bull run than MEG Energy Corp. So far this year, the Canadian oil-sands producer has more than doubled in value. Its shares in Toronto are leading the 246-company S&P/TSX Composite Index and blowing away peers in the S&P/TSX energy index, which is up just 3.7 per cent. Calgary-based MEG is even beating the best-performing U.S. rivals on the S&P 500 energy index. “This is, perh...

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