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.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“We’re seeing an interest in the sector that we haven’t seen in years,” TSX chief executive Loui Anastasopoulos said. “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.
Thanks for reminding us all where the money went, while we all slash our budgets to stay alive 👍