RE:Share Buyback or Dividend Increase first?SU is buying back shares right now , they were cleared to start buying on Feb 8th 2021 at a rate of max 2.49 million shares per day to a total of 44 million shares . Believe me , at this price , SU is taking its full daily allotment .
The entire 1st Q has paid profitable commodity prices which the market wants to ignore but the value here is getting too obvious to deny . In some circles , oil is a dirty word but those same hypocritical people support (and rely on) petrolium products in most phases of their daily lives . Love it or hate it , oil will be here for decades so why let political correctness dictate which gains are "acceptable" , grab what you can get and enjoy the ride .