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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Su a terrible investment for this political climate
View:
Post by exprohibition18 on Feb 04, 2021 11:30pm

Su a terrible investment for this political climate

Infowars and tinfoil aside Trends are clearly not favourable. The concerns at forefront of everyone's minds after 180 mm loss - which would have been much larger not for foreign exchange gains ...- is looking at the runway ahead - does the "climate" enable proper risk adjusted return and debt servicing into the enforced throttling of gasoline demand  ? Each year forward the noose grows tighter and we still have 30 billion of debt , regardless of debt to cash ratios today . 

is that a backdrop for healthy stock returns ? Or is this company now looking at a future of debt servicing and not much else before the lights are greatly dimmed

Comment by Owlseye1 on Feb 04, 2021 11:42pm
What a bunch of BS. Shorter
Comment by Lacas24 on Feb 05, 2021 7:38am
It is an intelligent argument although not taking into consideration that filling up vehicles are just fraction of all oil use. First thing first. Oil will peak around 2035 at 106 million a barrel a day. That's 15 years of continuous growth. That takes care of transportation. How about consumer products, roads, plastics, tires, medicine, etc...?. How about maritime, military, aviation? Your ...more  
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