3 Energy Producer Stocks To Screen As Oil Prices Climb Above $105

Oil back above US$105 a barrel, a surging 10 year Treasury yield at levels last seen in 2007, and higher energy bills hitting household budgets all tell the same story. Money is getting tighter and energy is getting pricier. That mix can punish some assets while creating fresh openings in others. This piece unpacks the backdrop and then walks through 3 energy producers exposed to this news shock so you can judge whether they deserve a closer look.

The stocks highlighted below are only a sample of what screens well on this theme. The full filter run surfaced 26 more energy producers with equally compelling stories that are not covered here. To go wider and deeper, head straight into the Energy Producers (Integrated Oil & Gas and Exploration & Production) screener to identify, analyze, and narrow in on your highest-conviction ideas.

Meren Energy (TSX:MER)

Overview: Meren Energy is a Vancouver based oil and gas explorer and producer focused on deepwater and offshore projects across West and Southern Africa, giving it direct exposure to global crude prices through the Energy Producers theme.

Operations: Meren Energy generates about $727 million in revenue from international oil and gas exploration activities, tying cash flows closely to upstream production outcomes.

Market Cap: CA$1.5 billion

For investors looking at pure upstream exposure in this Energy Producers screen, Meren Energy ties the story directly to African barrels and long dated offshore developments, which sets up the key project that now anchors its future profile.

"The fully funded Venus development project in Namibia, with a potential Final Investment Decision in early 2026 and First Oil expected by 2029, positions Meren Energy for significant long life production and sustainable cash flow, supporting future revenue and earnings growth."

What ultimately matters is how one unresolved cost and execution pressure around those future barrels feeds through into margins and cash returns.

Those future margins and payout choices are exactly what the full narrative for Meren Energy unpacks. It highlights where execution risk could flip into accelerating upside.

Vermilion Energy (TSX:VET)

Overview: Vermilion Energy is an international upstream producer acquiring, drilling, and operating oil and gas fields across North America, Europe, and Australia.

Operations: Vermilion generates about CA$1.8b from oil and gas exploration and production, mainly from Canada and higher-priced European gas markets.

Market Cap: CA$2.8 billion

Vermilion Energy matters for this Energy Producers screen because its wells link your portfolio directly to global oil and gas benchmarks across several premium markets while commodity volatility is back in focus.

"The rapid acceleration of the global energy transition, combined with increasing adoption of renewables and electric vehicles, is expected to drive a structural decline in long-term oil and gas demand, directly threatening Vermilion's future sales volumes and undermining sustained revenue growth."

The real swing factor for Vermilion Energy is how one unseen pressure on future European gas economics ultimately flows through to cash returns.

To see how that pressure could either cap upside or accelerate a re rating for Vermilion Energy, read the full narrative for Vermilion Energy for the full context and overlooked angles.

Strathcona Resources (TSX:SCR)

Overview: Strathcona Resources is a Canadian pure-play producer that acquires, develops, and operates oil sands and heavy oil assets tightly linked to upstream pricing.

Operations: The business generates about CA$2.2b from Cold Lake, CA$1.1b from Lloydminster Thermal, CA$649 million from Lloydminster Conventional, and CA$131 million from Corporate and Midstream, almost entirely in Canada.

Market Cap: CA$9.5b

Strathcona Resources provides direct exposure to the Energy Producers theme through large-scale Canadian oil sands and thermal projects that respond quickly to changes in crude benchmarks. This makes its capital shift toward heavier barrels especially relevant when supply shocks affect prices.

"The divestment of the Montney natural gas business and redeployment of capital into oil sands and thermal oil is exceptionally well timed, as persistent global energy demand growth and underinvestment in new supply position Canadian thermal oil as a critical, high-value source, which could yield sustained revenue outperformance in strong oil price environments."

What really moves the needle for Strathcona Resources is how one unresolved cost and integration swing factor filters through future margins and cash returns.

That cost swing is exactly what the full narrative for Strathcona Resources unpacks, separating temporary noise from the factors that could accelerate the Strathcona Resources cash flow story.

Curious About High Conviction Alternatives?

Fresh ideas move first while the crowd chases yesterday's breakout. Use these under the radar lists while the signals still matter and consider them early.

• Target steady cash generators by scanning the 2 dividend fortresses that focus on durable payouts backed by robust balance sheets before yields change.
• Hunt for underfollowed quality by using the 9 high quality undiscovered gems curated for strong fundamentals that could attract attention once momentum picks up.
• Consider positioning ahead of infrastructure momentum through the 38 power grid technology and infrastructure stocks featuring companies tied to grid upgrades while the theme is still largely under the radar.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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