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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 Speedyon Apr 27, 2021 2:07am
216 Views
Post# 33072558

RE:RE:RE:will suncor raise the dividend when it reports on may 5

RE:RE:RE:will suncor raise the dividend when it reports on may 5

 Covid may never end. It's variant after variant now and each variant stronger than the last. By the time they get everyone vaccinated the strain has already mutated. This is the new world we live in wearing masks, staying around the house, ordering takeout and not being able to leave our countries. 

We will adapt. Oil and gas is on the way out and the market identifies  and pays for future potential. It's telling you now that oil and gas is on its way out and EV are on their way in. Look at Tesla earnings and valuation today. Look at NIO. Charge point. CCIV. Their green everyday. Oil and gas is making far more money but can't get a break. The market is done with oil and gas sadly. We need to clear out our portfolios on the next uptick and move onto the new world we are about to live in and it doesn't involve oil and gas 

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