Suncor Energy Pegged As Worthwhile Investment By Buffett

Warren Buffett has singled out Suncor Energy (NYSE:SU) (TSE:SU) as one of the few companies within the commodity space that he and Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) will invest in. Suncor Energy analysis Actually, when you study Suncor it is easy to see why, the company has a low production cost per barrel and 2P reserves in place to last the company for more than three decades at current production rates, more than both Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM). What’s more, Suncor Energy (NYSE:SU) (TSE:SU) has enough refinery capacity to refine the majority of its annual oil production and a…