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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (73461)1/8/2020 8:00:49 PM
From: Goose94Read Replies (1) of 202668
 
Suncor Energy (SU-T) revisited top pick from Michael Sprung on BNN.ca Market Call Wed Jan 8th @ 1200ET

Suncor is Canada's largest integrated energy company. It has an extremely strong upstream asset base and also the top downstream business in North America. Suncor is the most profitable Canadian refiner. The company generates very strong free cash flow that’s higher than its Canadian and global peers. Over the next two years, it’s anticipated that free cash flow could increase by $2 billion. Ongoing stock repurchases and dividends will return capital to shareholders. At current levels, the stock yields 3.9 per cent.
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