RE:RE:RE:RE:Dividend playWhy do people insist on peddling the nonsense that somehow Suncor is under performing? My investment in Suncor is doing very well this last 12 - 18 months. Slowly though surely the SP is rising not to mention the dividend.
I'll bet there is an AARK or FAANG investor or two who would gladly go back in time and swap positions.
Yes you might argue Suncor has underperformed a couple of peers by some measures which to me means there is room to catch up.
BTW crack spreads are still about 3 times normal indicating a strong demand for finished products. Crack spreads in the $50's is $30+ USD extra per processed barrel compared to "normal". WCS is getting close to $90 (USD) / barrel. Synthetic should be receiving record prices in CAD due to the weaker CAD nowadays compared to last era when WTI =~$100 USD. No doubt the cash is flowing in.
I've often been wrong however all I can see is green lights. Suncor is getting stronger and stronger by the day.