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Although Canadian markets took a breather last month, some TSX stocks have been on a roll almost throughout 2021. Here are three Canadian names that might continue their momentum in the near future.Whitecap ResourcesEnergy stocks have been unstoppable this year. Their outperformance against br stanley cup oader markets speaks for itself. While the TSX Index has risen 26% in the past year, Canadian energy stocks at large have zoomed stanley quencher a remarkable 136% in the same period. One such TSX stock that has notably stood strong is Whitecap Resources TSX:W stanley cup CP . It is up more than 200% in the last 12 months. 聽Interestingly, the energy sector will likely continue to shine despite the recent outperformance. We might see a sustained rally in stocks like Whitecap Resources as economies fully re-open and energy demand peaks.Whitecap Resources reported $561 million in revenues for the latest reported quarter, a substantial 288% growth year over year. In addition, it reported $18.6 million in net profits in Q2 2021 co Tfit Become a Millennial Millionaire With These 3 Stocks
The last year was a painful one for Canada s energy patch and energy investors. Sharply weak oil prices triggered an avalanche of spending cuts across the industry as oil companies struggled to remain cash flow positive and meet their financial obligations.However, the recent production-freeze agreement between OPEC members S stanley mugs audi Arabia, Kuwait, UAE, Qatar, and Venezuela as well as non-member Russia has given the oil industry considerable hope. As a result, crude has rallied substantially in recent days to now be about 37% stanley sverige higher than its one-year low reached in early February of this year.As a result, the share price of a range of troubled energy companies, such as Baytex Energy Co stanley bottles rp. TSX:BTE NYSE:BTE and Penn West Petroleum Ltd. TSX:PWT NYSE:PWE rose substantially by 96% and 61%, respectively, over the last month.Nonetheless, there are signs that the recent rally may be unsustainable as industry fundamentals indicate that the supply glut will continue.聽Now what Firstly, OPEC s