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Stock impact report

Canadian Oil and Gas Stocks to Watch for in 2026 [Yahoo! Finance Canada]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
Canada's energy sector , especially oil and gas, is under pressure in January amid changing dynamics, including a potential new competitor. However, Canadian Prime Minister Mark Carney expressed confidence that the country will remain competitive even with a resurgent Venezuelan oil. Carney said, “Canadian oil will be competitive because it is low-risk, clearly low-risk, low cost.” Canadian crude makes up most of U.S. imports, but volume could fall if the Trump administration succeeds in taking over Venezuela's oil industry and expanding production. Part of the plan is to bring down global oil prices to below US$50 per barrel. Despite the uncertainty and, to some extent, panic, Suncor Energy TSX:SU ) and Cenovus Energy TSX:CVE ) are worth watching in 2026. Like Venezuela, Canada's oil sands produce heavy crude. Both Canadian oil and gas companies own refineries designed for heavy crude. The advantage is that they can capture the full value chain and sustain dividend payments Im Show less Read more
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