Saturday, September 12, 2020

Su.to stock: Suncor energy research

 Here is the link. 

After filming this video, Saudi Arabia announced they were slashing prices on oil.. AGAIN! This led to another large blow to the North American oil companies. Suncor was apart of this hit, falling almost 10% on the day. The short term looks rough and volatile for Suncor & others in the field, however, Suncor's strong balance sheet should allow them to ride out this wave and come out the other side. This stock is not for those who cannot handle the ups and downs, however, those who can should be rewarded when all is said & done.


Dividend cut from 7.5% 1.84 early in 2020 to 4.04% 6.84

Actionable Items

I do not know if I am investing or gambling. Here is my SU.TO purchase history after August 31, 2020.



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