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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Elroy Jetson who wrote (201969)6/30/2021 4:42:35 PM
From: E_K_S1 Recommendation

Recommended By
Salt'n'Peppa

  Read Replies (1) of 206085
 
For me it's about Suncor Energy Inc (SU) assets.



A dividend increase is likely. They cut their dividend last year for the first time in 18 years. Oil is now priced at double their break even point. They know that shareholders like some returns. The CEO bought half a million worth of the stock earlier this month. Trades at 1.3x NAV (ie BV) and has a div yield of 3%.

There could be worse investments
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