Low s/p has its upside
Suncor is buying back their own shares at attractive prices and with oil trending above $75.00 per barrel, this is amazing. With the terra nova oilfield in the wings and their interest in west white rose still there, along with being sole operator of syncrude before years end, Suncor has nowhere to go but up at some point. With billions of barrels in reserves and located inside a an oil friendly province and a pipeline under construction ,(tmx),that will open up world markets ,suncor will be a force to be reckoned with. None of this takes into consideration Suncors green energy future projects. Suncor is maybe the strongest buy today,bar none when you look at Canadian energy. EXTREMELY STRONG BUY!!!!!