198789103 - 1_3jl3ag9l - PID 1851201 Hello, I am Ted Dixon with your INK morning report preview for November 8th, Suncor starts to pull its weight in the energy sector. In our June 4th report, we warned that large cap Suncor was set to lag smaller and greener rivals. That is exactly what has played out since the report with the Syncrude operator advancing 7% versus 20 % for the Energy Index ETF. More recently, the share price of the integrated oil sands giant has outperformed its peers over the past the month, thanks in part to the October 27th news that the company was doubling its quarterly dividend to 42 cents. However, the good news on the dividend front was soon followed by climate news out of COP26 in Glasgow. On November 1st and 2nd, Prime Minister Justin Trudeau committed to reducing total methane emissions by at least 30% below 2020 levels by 2030. Although Suncor was already aiming to reduce 2030 greenhouse gas emissions by about 34% compared to 2019, it is unclear how much of that reduction relates to methane compared to other greenhouse gases. So it remains to seen how much of challenge these new articulated targets will be. On the broader goal of Canada reaching net zero by 2050, this is something Suncor and other big players in the Canadian oil patch are already preparing for. Meanwhile, insider buying has continued that that has helped to put Suncor into the top 10% of all stocks ranked. Suncor, may yet start to pull its weight in terms of stock performance this year. Well that’s it for today. Thanks for stopping by and click on the notify button under this video on INK Ultra Money to be notified when we have our next preview available. You can also follow us on Twitter @inkresearch. And, I hope to see you again tomorrow as we let the insiders guide us to opportunity this fall. This is not a recommendation to buy or sell securities and nothing in this video or in INK reports should be considered financial advice information is for educational purposes INK employees may hold an interest in any stock mentioned in our videos or in our reports.