Here is the link.
5:13/ 13:07
Talk about common stock repurchase:
Net cash from operating: 10,421,000
Common stock repurchase: 2,274,000
Total: 20%
Strong balance sheet - not going to bankrupt - Should be grateful that pandemic is going on now.
A lot of companies on verge of bankruptcy, Suncor is good at purchase of companies right now.
Acquisition to add those companies to their balance sheet.
You need to invest those company growing in long term.
Oil sand asset - 6 billion in 2019
mining project - spent money correctly
42%
Calgary based energy company - balance sheet - struggling on verge of bankruptcy
Every year there is demand of renewable energy -2023
10.8 million shares owned by Warren Buffet -
Company is in right point right now.
Largest 5th oil company in the world.
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