Q: hello 5i:
From both a valuation pov, and knowing these are some of your favourites, and factoring in that TOU is already owned: if looking for an "oilier" name, it appears SU has the best valuation. Not confining your reply to the listed names, would you agree with this assessment?
thanks
Paul L
From both a valuation pov, and knowing these are some of your favourites, and factoring in that TOU is already owned: if looking for an "oilier" name, it appears SU has the best valuation. Not confining your reply to the listed names, would you agree with this assessment?
thanks
Paul L
5i Research Answer:
Absolutely, with one caveat; SU is an integrated company (with refineries and gas stations). This makes it perhaps safer overall than a pure producer, but may provide less direct upside potential in an oil rally. Other oily ideas, including those in the question: WCP, CNQ TVE, VET, MEG, ATH