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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (99020)	12/5/2020 1:13:52 PM
From: Goose94	Read Replies (1) of 203376

Suncor Energy (SU-T) revisited 2.0 top pick from Michael Sprung on BNN.ca Market Call Friday Dec 4th @ 1200ET Suncor is the largest integrated energy company in Canada. Management has been very focused on expense control, particularly in major oil sands projects Syncrude and Fort Hills. The company targets an increase in free cash flow of $2 billion over the next five years. In terms of ESG, Suncor will selectively look for opportunities that generate at least mid-teen returns such as biofuels, hydrogen, carbon dioxide sequestration and select wind projects. Greenhouse gas emissions are expected to decline by 30 per cent from 2014 levels by 2030. Suncor is well capitalized and at current prices, the stock yields 4 per cent.

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