RE:RE:Oil anywhere near $55.00 is a dream
Marner16,i agree,i do hype Suncor more then i probably should,however,they are saving cash through the dividend reduction,and becoming the prinicipal operator of Syncrude,they are saving vast amounts of cash in administrative savings.They also sell their product at the pump,at a retail level,and they are investing in renewables for diversification.With Suncor able to increase production at anytime,the completion of the tmx will also bode very well for future growth.I know i sound over enthusiastic but Suncor is one of the big cap Canadian plays that really have not seen increases in s/p like others.Suncor is extremely cheap relative to their peers,but maybe i am wrong,am i the only one that see the extreme potential of this company?