Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

Suncor Energy Inc. > $73.00 US Dollar WTI OIL- WTF

<< Previous

Bullboard Posts

Next >>

Comment by Bigbear7405on Jul 12, 2021 3:00pm

173 Views

Post# 33530647

RE:RE:RE:RE:RE:$73.00 US Dollar WTI OIL- WTF

They are making hand over fist money right now. I imagine they will increase share buyback at these prices. The cheaper it gets more shares they are able to buy and cancel. Mean while their debt is going down as well. Less interest paid on debt and less dividends paid out will be recycled back into more debt reduction.

Spanito wrote: Drop today while WTI is at 74.50 US Dollars. Anyone know as to why the Canadian Energy is getting kicked around like an empty sardine can? Something smells with the way this is going these days. Not be negative, I am sure Suncor is fine, but shareholders are not doing well with this stock. Anyone know is going on to continue the sell off? I can only average down so much before one has to stop the bleeding.

1234bmth wrote: Today's drop has nothing with oil industry, almost all market is down, Dow Jones is down significantly, financials, mining, gold, manufacturing are all down. The reason is negative US job data.