Crack Spreads up more than Nat Gas or Crude.There has been at times people here crying Suncor hasn't gone up as much as CNQ.
Besides oil and Bitumen CNQ produces Natural Gas and that contract has been on fire so there's the kick CNQ gets.
Crack Spreads are beyond the understanding of your typical blockhead so investors are blind to this extra source of revenues Suncor has besides oil. However the refinery margins are allowing Suncor to hoover more cash than producing natty would.
Choo Choo $65 here we come!! Choo Choo