SU on way to $43 I did a little analysis last night on 10 oil and natural gas stocks that I either own or am following. I looked at price forecasts,outstanding shares, debt, production, land and whether they pay a dividend.The dividend is not necessarily important to me, but can be a nice bonus.
Tourmaline looked fantastic, Suncor IMO looks very undervalued as well. I didn't realize their production is in the 750,000 BOE/d range. That is huge when you consider that World production is under 100 million BOE/d, Debt at $1.2 billion is low and a dividend of 4.95% is good. The last five price forecasts average $43. Although that is not huge it is still 28% higher than Friday's close and I think is likely to move up after Q4 results.