Suncor Has High Chances of Strengthening Financials
Suncor Energy (SU) has the third-lowest percentage of debt in its capital structure after ExxonMobil (XOM) and Chevron (CVX). In the first quarter, Suncor’s total debt-to-capital ratio stood at 30%, whereas ExxonMobil's and Chevron’s ratios stood at 17% and 18%, respectively.