Suncor vs Syncrudewhen the price of oil started to go down in 2014-2015 Syncrude shares started to move sowly southward, everyone thought that Syncrude will come back But what happens was complete collapse of Syncrude. If I remember the shares of Syncrude at one time was around $3 and ended up in the hands of Suncor.
Can this happens to Suncor? forsure every thing is possible, if the oil price doesn't recover soon then I expect Suncor to move southward. Sad but that's the world of capitalism, no one is safe.