Summary
- Suncor is benefiting from the resurgence in oil/gas prices, and is expected to keep most of its operating gains beyond 2022.
- It is the cheapest major integrated, North American asset name to buy in September, and less expensive than many cyclical E&P firms.
- A dividend yield of roughly 4.5% is above-average for the sector, easily covered, and could grow substantially if oil/gas prices remain elevated.
- If you want to add a "safer" somewhat conservative energy investment to your portfolio, Suncor is worthy of your research time.
For further details see:
My Top Blue-Chip Pick In Oil/Gas: Suncor