Suncor Energy Churning Out Cash For Investors with 34 Year Reserves – ValueWalk Premium

Suncor Energy Churning Out Cash For Investors with 34 Year Reserves

This week it was announced that legendary value investor Warren Buffett had taken a relatively small ($500 million) position in oil sands producer Suncor Energy Inc. (NYSE:SU) (TSE:SU). While this announcement attracted much speculation and indeed anger over environmental issues, Suncor is in fact just a good old value play.

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