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Strong Suncor earnings a sign energy sector has turned a corner: portfolio manager

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A strong earnings report from Suncor Energy Inc. this morning is a sign that the outlook for Canada’s energy sector has turned a corner and is in an upturn, according to one portfolio manager.

Zoe Pierson, BNN BloombergDavid Szybunka, portfolio manager and managing director at Canoe Energy says Suncor’s earnings were strong on every front and there are many reasons for optimis

The stock is up 27 per cent year-to-date but Szybunka says there’s plenty more room to run based on the company’s financial performance.

 

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