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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Sold half my position 53$ ….. too nice ride
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Post by Marty47 on Apr 05, 2024 3:02pm

Sold half my position 53$ ….. too nice ride

Just sold half my position I bought at 20$ so I couldn't resist selling thanks to the fellow who suggest me 53 was his goal when mine was 50$ so I wait a bit , I'm buying some laggard utilities for solid yield .... next sales target is 55to 57 waiting q1 report
Comment by integrity11 on Apr 05, 2024 3:53pm
Marty, I had stated I would sell at 53 so decided I would se ll half in two accounts this morning. Got $52.99 so was fine with that. Probably too early but very nice returns in both 
Comment by Marty47 on Apr 05, 2024 4:05pm
Y'a I'm good I already load some utilities so even is suncor go up my other investment will still got return plus monthly dividend 7.7% pay in 1 may  I like more reinvest on a monthly basis than wait every quarters , cheer , I still have many suncor ... new target 55$ unless some good deal come up to buy . 
Comment by mrbb on Apr 05, 2024 7:02pm
55 is do-able.  57 based on European integrated and 68 on US integrated.  This is not an advisement, it's just what i've read.  on the subject of pipeline/utility. The battery boys boasted how smart were the ENB and TRP shifting toward more gassy assets.  Looking at oily pipeline performance lately vs gassy enb and trp, i'm seeing lotta red days for enb and trp ...more