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Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In Energy
SUSuncor(SU) seekingalpha.com·2024-05-19 18:25

All financial numbers in this article are in Canadian dollars unless noted otherwise. Oil and gas prices are always in US$. Introduction XtockImages Essentially, there are two reasons why Canada's role in the global energy sector is essential: Canada has a lot of reserves. In fact, as reported by the aforementioned Reuters article, it holds the world's third-largest bitumen reserves. This means producers do not need to be afraid to run out of high-quality reserves anytime soon. Most major Canadian producers ...