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. > SU bought back ~3.8% of shares Q2 alone 5.4% 2022

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Comment by Bigbear7405on Jul 06, 2022 11:55am

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Post# 34805204

RE:SU bought back ~3.8% of shares Q2 alone 5.4% 2022

They are getting 30 percent less per barrel now. Dividend hike is off the table.

Clemxb7 wrote: The dividend sould automatically rise as the share count goes down if the same amount of money is allocated to dividends as Q1.

We should have a minimum 4% rise in the dividend.

This is a no-brainer.