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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by firstworldon Jul 21, 2021 10:56pm
79 Views
Post# 33586219

RE:RE:SU options with its free cash flow

RE:RE:SU options with its free cash flowGovt and proxies now own most of SU they need the money badly after buying every Canadian kid Gucci belts and parents new cars LOL. SU needs to pay back all the welfare it received on the backs of people working 20 hrs a week before they pay out and welfare funded div money. It's nothin buy a social communist entity now polluting beyond anything Nigeria has seen...I wonder how many Tesla drivers own SU LOL.
PabloLafortune wrote: If as you say Suncor generated $2B of cashflow in Q2, then pay all of it out as dividend ie ~$1.33 or $5.33 annualized or 20% yield ...would be a heck of a lot more effective to raise the share price than buybacks which is simply put a colossal waste of money for this company.


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