Cash flow is up 110.6% at Suncor Energy

Cash flow is up 110.6% at Suncor Energy

We continue to recommend conservative investors focus their oil holdings on integrated producers such as this one.

This firm’s upstream (or producing) business benefits from higher crude prices. Its downstream (refining) business converts crude into gasoline and other fuels and profits when oil prices fall… Read More

Make sure you keep some exposure to oil

Oil prices continue to rebound from their 2020 lows as more parts of the global economy reopen with the rollout of COVID-19 vaccines. OPEC’s commitment to maintain its current production cuts also helps support prices.
That’s good news for these four high-quality producers. Their recent cost… Read More

Get a 3.0% yield from Suncor Energy Inc.

Get a 3.0% yield from Suncor Energy Inc.

Reduced production and oil prices led to a 31.1% revenue plunge for this company during the most-recent quarter.

Meanwhile, the company cut its operating costs by $1.3 billion (or 12%) and is planning asset sales to manage the oil market drawdown. Still, investors now enjoy a.. Read More

CVE restores its dividend

CENOVUS ENERGY, $9.49, remains a buy for patient investors. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $19.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.7%.; www.cenovus.com) has now completed its acquisition of rival oil producer Husky Energy.
The combined firm is Canada’s third-largest producer of oil… Read More