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Suncor Energy Inc. (SU)
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Q: My Suncor holdings have grown nicely since I bought during Covid and enjoyed the rise where we currently match the 2018 highs.

BUT: what would drive further growth for SU share price? I am not looking to hold for dividend only. To me there are headwinds of increased regulatory hurdles, inability to get access to new large pipelines and the socially dim view of anything "oil". Thoughts? Any better bets on energy?

Thanks! And may your day be bright!

Asked by Marilou on September 25, 2024

5i Research Answer:

Most of these 'issues' have been around a while already and still SU has done well. It generates...

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