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. > New NCIB to be announced?

<< Previous

Bullboard Posts

Next >>

Comment by PabloLafortuneon Jul 26, 2021 6:17pm

117 Views

Post# 33608190

RE:RE:RE:New NCIB to be announced?

Obviously the stock is cheap but ask any pre pandemic SU retail investor and im willing to bet most hate this investment and are just hoping to get back to break even or small loss before dumping it. Why? Because on top of investors' paper loss, to add insult to injury mgmt cut the dividend (due to wasting money on buybacks instead of paying down debt) and didnt restore it. Meanwhile continuing to waste money buying back shares over and over expecting different results... The irony in all this is suncor with its retail footprint doesn't care about its retail investors. You cant make this stuff up.

<< Previous

Bullboard Posts

Next >>

High Tide adds two stores to undervalued cannabis retail network