After lagging the performance of its oil patch peers over the course of 2021, Canadian oil giant Suncor Energy (SU) seems to be righting the ship. Suncor announced that it is doubling its dividend, and increasing its buyback program. I am bullish on shares of Suncor as the company turns things around, and renews its commitment to increasing returns to shareholders. (See Analysts’ Top Stocks on TipRanks) Underperformance YTD   The gains over the past several weeks have narrowed the gap somewhat, but shares of Suncor have still lagged the performance of peers such as Cenovus (CVE) and Imperial Oil (IMO) year-to-date. Suncor is now up 55.
https://www.tipranks.com/news/article/suncor-righting-the-ship-amid-higher-oil-prices?utm_source=advfn.com&utm_medium=referral
Suncor Energy (NYSE:SU)
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Suncor Energy (NYSE:SU)
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From Jan 2021 to Jan 2022 Click Here for more Suncor Energy Charts.