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. > $35-37 Today

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Comment by ilvmyt5son Oct 29, 2021 12:29pm

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Post# 34063973

RE:RE:$35-37 Today

After reading 1 & 3 he's probably stopped at a green light somewhere?

Chefboy69 wrote: LMAO

where is this dude today???

Experienced wrote: What are you guys putting in your coffee!!!!

1....when they cut the dividend the price change was less than $2 the next day

2....oil price is down over a per cent

3...more importantly - SU mgt totally blindsided The Street with the doubling of the dividend. This is never a good thing

4.....with the dividend increase costing about a billion dollars a year mgt has basically confirmed that they have no plan to grow the company especially in areas outside of oil.