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

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