RE:RE:RE:RE:RE:RE:we need senior management changeOil and gas are both in short supply globally. There is a complete lack on the part of almost everyone to respond in the time frame that it takes to get large resource projects built. Renewables will take much longer still . The juniors , particularly those who are drilling full blast will profit handsomely I am already heavily invested in the juniors and others , but I keep a bit of the majors in order to maintain respectability . In spite of my advanced age , I am deeply committed and enjoying every minute while plotting how to get even more invested. This is the golden age for Canadian Petroleum. It is just starting and I work out hard every day so that I can enjoy it for a long time to come !!
Thor16 wrote: So you'd prefer a taxable dividend over a non taxable buyback? And you want them to spend money on drilling instead of said buybacks and distribute cash via taxable dividends? I'd be dissapointed as an investor if they did that.
I beleive management is poor however the one thing they seem to be doing properly is their current asset allocation. There are a ton of junior companies still exploring if that is why you are looking for. Suncor may not be a suitable investment for you if that is the model you are looking for.