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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 Luckyguy777on May 09, 2022 7:50pm
398 Views
Post# 34668965

RE:RE:Div increase announced

RE:RE:Div increase announced Should consider all of the share buybacks also.  They mentioned they have already bought back something like 500M more since the 1/4 end also.

I know the share buybacks don't result in cash today to those of us staying in but they should result in ultimately a higher price and more dividend increases in the future.  The tax results of the share buybacks is also better for me than a taxable dividend.

Its all moving in the right direction.
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