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

To: Goose94 who wrote (52551)	1/3/2019 8:46:10 PM
From: Goose94	Read Replies (1) \| Respond to of 202693

Suncor Energy (SU-T) top pick from Lyle Stein on BNN.ca Market Call Thirst-day Jan 3rd @ 1300ET Suncor is the oil name we own, bought in the low $40s. This company is a cash flow machine that’s reasonably protected from the Alberta oil price due to it downstream refining. At roughly 800,000 barrels per day, it generates between $9 and $10 billion of cash flow (strip prices), requiring $5 to $6 billion of capital expenditure. The remainder goes to dividends, buybacks and debt repayment. The 3.7 per cent yield is safe. Lots of market torque in the name: the commodity, Canada and size.