Canada

Top 115 largest Canadian Companies in the Energy sector by Market Cap

This is the list of the largest public listed companies in the Energy sector from Canada by market capitalization with links to their reference stock and industry.

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Top Energy Companies from Canada as of Jan. 01, 2026

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Rank Company Market Cap (USD) Country Sector Industry
31 Enerflex Ltd. $1.95 B Canada Canadian Energy Canadian Oil & Gas Equipment & Services
32 CES Energy Solutions Corp. $1.91 B Canada Canadian Energy Canadian Oil & Gas Equipment & Services
33 Freehold Royalties Ltd. $1.83 B Canada Canadian Energy Canadian Oil & Gas E&P
34 Teekay Tankers Ltd. $1.78 B Canada Canadian Energy Canadian Oil & Gas Midstream
35 Headwater Exploration Inc. $1.66 B Canada Canadian Energy Canadian Oil & Gas E&P
36 Saturn Oil & Gas, Inc. $1.54 B

(Oct. 1, 2021)

 Canada Canadian Energy Canadian Oil & Gas E&P
37 Birchcliff Energy Ltd. $1.48 B Canada Canadian Energy Canadian Oil & Gas E&P
38 Advantage Energy Ltd $1.43 B Canada Canadian Energy Canadian Oil & Gas E&P
39 Parex Resources Inc. $1.34 B Canada Canadian Energy Canadian Oil & Gas E&P
40 Vermilion Energy Inc. $1.32 B Canada Canadian Energy Canadian Oil & Gas E&P
41 Kelt Exploration Ltd. $1.14 B Canada Canadian Energy Canadian Oil & Gas E&P
42 Spartan Delta Corp $1.10 B Canada Canadian Energy Canadian Oil & Gas E&P
43 Precision Drilling Corporation $971.2 M Canada Canadian Energy Canadian Oil & Gas Drilling
44 Trican Well Service Ltd. $946.2 M Canada Canadian Energy Canadian Oil & Gas Equipment & Services
45 Africa Oil Corp. $930.7 M

(July 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
46 Shawcor Ltd. $869.1 M

(July 1, 2023)

 Canada Canadian Energy Canadian Oil & Gas Equipment & Services
47 Cardinal Energy Ltd. $796.3 M

(July 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
48 Fission Uranium Corp. $778.9 M

(July 1, 2024)

 Canada Canadian Energy Canadian Uranium
49 Teekay Corporation $752.1 M Canada Canadian Energy Canadian Oil & Gas Midstream
50 Pason Systems Inc. $699.1 M Canada Canadian Energy Canadian Oil & Gas Equipment & Services
51 Vital Energy, Inc. $693.4 M

(Dec. 1, 2025)

 Canada Canadian Energy Canadian Oil & Gas E&P
52 Altura Energy, Inc. $634.3 M Canada Canadian Energy Canadian Oil & Gas E&P
53 Valeura Energy Inc. $630.1 M Canada Canadian Energy Canadian Oil & Gas E&P
54 enCore Energy Corp $610.2 M

(Jan. 1, 2024)

 Canada Canadian Energy Canadian Uranium
55 Storm Resources Ltd. $609.3 M

(Dec. 1, 2021)

 Canada Canadian Energy Canadian Oil & Gas E&P
56 Pipestone Energy Corp. $513.1 M

(July 1, 2023)

 Canada Canadian Energy Canadian Oil & Gas E&P
57 Surge Energy Inc. $505.4 M Canada Canadian Energy Canadian Oil & Gas E&P
58 ShaMaran Petroleum Corp $472.1 M Canada Canadian Energy Canadian Oil & Gas E&P
59 Leucrotta Exploration, Inc. $439.0 M

(June 1, 2022)

 Canada Canadian Energy Canadian Oil & Gas E&P
60 North American Construction Group Ltd. $430.3 M Canada Canadian Energy Canadian Oil & Gas Equipment & Services

Top Energy Companies from Canada as of Jan. 01, 2026

31. Enerflex Ltd.

Company Profile: Enerflex Ltd.
Market Cap (USD): $1.95 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

32. CES Energy Solutions Corp.

Company Profile: CES Energy Solutions Corp.
Market Cap (USD): $1.91 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

33. Freehold Royalties Ltd.

Company Profile: Freehold Royalties Ltd.
Market Cap (USD): $1.83 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

34. Teekay Tankers Ltd.

Company Profile: Teekay Tankers Ltd.
Market Cap (USD): $1.78 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Midstream

35. Headwater Exploration Inc.

Company Profile: Headwater Exploration Inc.
Market Cap (USD): $1.66 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

36. Saturn Oil & Gas, Inc.

Company Profile: Saturn Oil & Gas, Inc.
Market Cap (USD): $1.54 B (Oct. 1, 2021)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

37. Birchcliff Energy Ltd.

Company Profile: Birchcliff Energy Ltd.
Market Cap (USD): $1.48 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

38. Advantage Energy Ltd

Company Profile: Advantage Energy Ltd
Market Cap (USD): $1.43 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

39. Parex Resources Inc.

Company Profile: Parex Resources Inc.
Market Cap (USD): $1.34 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

40. Vermilion Energy Inc.

Company Profile: Vermilion Energy Inc.
Market Cap (USD): $1.32 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

41. Kelt Exploration Ltd.

Company Profile: Kelt Exploration Ltd.
Market Cap (USD): $1.14 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

42. Spartan Delta Corp

Company Profile: Spartan Delta Corp
Market Cap (USD): $1.10 B
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

43. Precision Drilling Corporation

Company Profile: Precision Drilling Corporation
Market Cap (USD): $971.2 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Drilling

44. Trican Well Service Ltd.

Company Profile: Trican Well Service Ltd.
Market Cap (USD): $946.2 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

45. Africa Oil Corp.

Company Profile: Africa Oil Corp.
Market Cap (USD): $930.7 M (July 1, 2025)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

46. Shawcor Ltd.

Company Profile: Shawcor Ltd.
Market Cap (USD): $869.1 M (July 1, 2023)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

47. Cardinal Energy Ltd.

Company Profile: Cardinal Energy Ltd.
Market Cap (USD): $796.3 M (July 1, 2025)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

48. Fission Uranium Corp.

Company Profile: Fission Uranium Corp.
Market Cap (USD): $778.9 M (July 1, 2024)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Uranium

49. Teekay Corporation

Company Profile: Teekay Corporation
Market Cap (USD): $752.1 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Midstream

50. Pason Systems Inc.

Company Profile: Pason Systems Inc.
Market Cap (USD): $699.1 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

51. Vital Energy, Inc.

Company Profile: Vital Energy, Inc.
Market Cap (USD): $693.4 M (Dec. 1, 2025)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

52. Altura Energy, Inc.

Company Profile: Altura Energy, Inc.
Market Cap (USD): $634.3 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

53. Valeura Energy Inc.

Company Profile: Valeura Energy Inc.
Market Cap (USD): $630.1 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

54. enCore Energy Corp

Company Profile: enCore Energy Corp
Market Cap (USD): $610.2 M (Jan. 1, 2024)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Uranium

55. Storm Resources Ltd.

Company Profile: Storm Resources Ltd.
Market Cap (USD): $609.3 M (Dec. 1, 2021)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

56. Pipestone Energy Corp.

Company Profile: Pipestone Energy Corp.
Market Cap (USD): $513.1 M (July 1, 2023)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

57. Surge Energy Inc.

Company Profile: Surge Energy Inc.
Market Cap (USD): $505.4 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

58. ShaMaran Petroleum Corp

Company Profile: ShaMaran Petroleum Corp
Market Cap (USD): $472.1 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

59. Leucrotta Exploration, Inc.

Company Profile: Leucrotta Exploration, Inc.
Market Cap (USD): $439.0 M (June 1, 2022)
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

60. North American Construction Group Ltd.

Company Profile: North American Construction Group Ltd.
Market Cap (USD): $430.3 M
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

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