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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (44828)6/11/2018 1:29:40 PM
From: Goose94Read Replies (1) | Respond to of 202691
 
Suncor Energy (SU-T) new 52 week high, $53.82



To: Goose94 who wrote (44828)6/29/2018 8:38:44 AM
From: Goose94Read Replies (2) | Respond to of 202691
 
Suncor Energy (SU-T) top pick from Brian Madden on BNN.ca Market Call Thirst-day June 28th @ 1200ET

Suncor is Canada’s largest integrated oil company, and the longest running operator of oil sands assets in the country. Their oil sands assets have a 36 year reserve life index, and with breakeven oil prices below $35, the company is enjoying prolific free cash flow with the recent spike in oil prices. Downstream integration via their ownership of four world class refineries and approximately 1750 gas stations has been very effective in insulating Suncor from the steep discounts other Western Canadian oil producers have suffered when selling heavy crude oil into captive American refining markets while relying on often overcrowded pipelines. With their final two major expansion projects, Fort Hills and Hebron now in production, Suncor’s capital expenditures are set to fall 25% this year and remain at these lower levels, sustaining their established pattern of dividend increases, which have grown at a 12% compound rate the last five years, and providing optionality to step up the pace of their share buyback program.