Suncor Energy - A Turnaround Story That's Working
Suncor's Q1 results released last night show a turnaround story that's working. We've long said that Suncor is one of the best downstream operators in the business with above industry margins and refinery utilization rates, but what Suncor always lacked was its upstream operation.
But under Richard Kruger, this is starting to change and could serve as a major tailwind for SU in the years ahead.