Best UK and TSX Energy Shares 2026

Meren Energy

Discover seven standout UK and TSX-listed energy shares to watch in 2026, each offering a clearly defined investment case and exposure to key themes shaping the global energy market. From cash-generative producers and dividend payers to growth-focused explorers and transition-aligned power businesses, these companies are positioning 2026 as a pivotal year. Through DirectorsTalk, investors can follow the latest company news, watch exclusive CEO interviews, access independent equity research and build a deeper understanding of the strategies, assets and catalysts driving long-term value creation.

Pharos Energy Plc (LON:PHAR) is an independent energy company with a focus on delivering long-term sustainable value for all stakeholders through regular cash returns and organic growth, underpinned by a robust cash flow and resilient balance sheet.

Meren Energy Inc (TSE:MER, STO:MER) is a leading independent, full-cycle E&P with production and development assets in deepwater Nigeria, a leading carried position in the Orange Basin across Namibia and South Africa, and operated licences in Equatorial Guinea.

Thor Energy PLC (LON:THR) is a leading exploration company focused on natural hydrogen and helium, with a significant footprint in the highly prospective South Australian region.

Diversified Energy Company Plc (LSE:DEC, NYSE:DEC, FRA:DG20) is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas and natural gas liquids in the United States. The company is a constituent of the FTSE 250 Index on the LSE.

Valeura Energy Inc (LON:VLU, TSE:VLE) is a Canadian-based AIM-listed upstream oil and gas company, with assets in the Gulf of Thailand and the Thrace Basin of Turkey.

Drax Group Plc (LON:DRX), trading as Drax, is a power generation business listed on the FTSE250. The principal downstream enterprises are based in the UK and include Drax Power Limited, which runs the biomass fuelled Drax power station, near Selby in North Yorkshire.

Ampeak Energy Limited (LON:AMP) aim is to be a global leader in the creation of new, sustainable energy projects for the benefit of our planet.

Share on:

Latest Company News

Thor Energy secures new hydrogen and helium acreage in the Otway Basin

Thor Energy has secured two new exploration licences in South Australia’s Otway Basin, increasing its exposure to natural hydrogen and helium opportunities.

BESS: A practical route into the energy transition

A battery energy storage system stores electricity for later use, helping to balance power supply and demand across the grid.

Drax Group declares 17.4p final dividend for FY2025

On 26 February 2026, Drax Group plc announced a proposed final dividend of 17.4 pence per share for the year ended 31 December 2025, subject to shareholder approval at the 2026 Annual General Meeting.

Diversified Energy reports record 2025 results, expands through $2B in acquisitions

Diversified Energy Company reported fourth-quarter and full-year 2025 results exceeding expectations, with FY2025 net income of $342 million and adjusted EBITDA of $956 million.

Diversified Energy to acquire East Texas gas assets for $245 million

Diversified Energy Company has agreed to acquire high-working interest natural gas assets in East Texas from Sheridan Production for $245 million.

Energy markets gain support as diplomatic engagement sharpens supply focus

Oil markets are firming as constructive US Iran diplomacy and coordinated supply management sharpen the focus on medium term positioning within the energy sector.

Search

Search