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. > Dividend increase

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Post by lifeisgood1010on Aug 14, 2023 9:58am

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Post# 35586814

Dividend increase

Good morning Experience,

Another very good post of yours on

":World Oil Prod 101.8 million SU Prod .748 million"

"The only real potential for a positive surprise would be if they repeat what did before and raise the dividend substantially as a surprise"

I am in the camp that SU will raise the dividend.While not "substantially", they will
take it to 57 cents.

The fact that they have reduced their share buyback under the NCIB tells me that either they are building cash for an acquisition or that they will go ahead with the
dividend increase even though, they failed at their attempt to buy Surmount.

Again, thanks for sharing your thoughts.

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