Petro-Canada $29 – Toronto symbol PCA

Petro-Canada $29 – Toronto symbol PCA

PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor for each share they held, while Suncor investors got one share of the new company for each Suncor… Read More

Two big oil companies with gains ahead

SUNCOR ENERGY INC. $43 (Toronto symbol SU; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $68.8 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.suncor.com) is Canada’s largest integrated oil company, with major projects in the Alberta oil sands. It also owns four refineries… Read More

New investments enhance Suncor’s outlook

SUNCOR ENERGY INC. $49 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $78.4 billion; Price-to-sales ratio: 2.2; Dividend yield: 2.9%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company, with major projects in the Alberta oil sands. It also owns… Read More