2024-05-19 06:25:55 ET
Summary
- Canada's role in the global energy sector is essential due to its large reserves and low decline rates.
- Suncor Energy is a standout company in the sector with efficient operations, deep reserves, and impressive production growth.
- Shareholders can expect strong cash flow, rising dividends, and aggressive buybacks as debt levels decrease, making Suncor an attractive investment opportunity.
All financial numbers in this article are in Canadian dollars unless noted otherwise. Oil and gas prices are always in US$.
Introduction
On May 12, I wrote an article titled "Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends." ...
Read the full article on Seeking Alpha
For further details see:
Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In Energy