-
Posted by
Two Blokes Mon at 11:00 PM -
Filed in
Stock
-
2 views
Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash returns via dividends and buybacks. Positive trade talks between the US and China could boost oil prices, benefiting Suncor's revenues, earnings, and cash flows. Despite lower oil prices, Suncor's higher production levels and buybacks have mitigated revenue and profit declines, showcasing the value of buybacks.