SUNCOR ENERGY INC. $31 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.5 billion; Market cap: $46.5 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.6%; TSINetwork Rating: Average; www. suncor.com) has resumed normal operations at its oil refinery in Edmonton after it closed the facility for six weeks for unplanned maintenance.
The shutdown led to minor shortages at the company’s Petro-Canada gas stations in Western Canada. However, it also pushed up gas prices, which helped Suncor offset the lost sales.
Suncor is a buy.