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.

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Suncor Energy Inc. > I wonder if CNQ could take over SU

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Comment by mrbbon Jan 18, 2022 6:48am

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Post# 34327333

RE:RE:RE:RE:RE:I wonder if CNQ could take over SU

i'll take more capital gain over an one time special dividend, namely less tax.

Special tax rewards short term holders, they'll exit SU when they got the prize. Captial gain reward loyal investors.

w8asec wrote: YES - A one time special Divy is allowed/possible, and would be a great move on the BOD's part.

...and this would be ideal timing coinciding with year end... that way it's a one time payment and not an increase affecting the future payouts which are already high enough at 4.65%.

Shorts hate that move.

jx7000 wrote:

alvarez2 wrote: ..........My speculation is that at current oil prices, a solid earnings report in Feb and announcement that they will be increasing the dividend..............this stock should fly.

Agreed. It'd be nice to see a divy increase or maybe a one-time special div payout, if that's at all possible?