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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. > Pre covid
View:
Post by Plus50 on Mar 03, 2021 4:34pm

Pre covid

Looks like CNQ is at pre covid sp. Unlike SU which languishes below 30 even though SU has less net debt. I guess cutting that divy is part of the problem for SU. For those that think Oand G is dead money CNQ is bucking the trend. Wish i had bought it when i bought SU at $15.63 i could have bought CNQ below 15. Oh well i think SU will climb above $30 before yearend. Its just that CNQ is there already and closing in on $40.
Comment by Chris007 on Mar 03, 2021 5:01pm
CNQ has also been very agressive and opportunistic since the oil crash of 2014 in regard to acquiring assets on the cheap, as other multinationals have pulled out of the oil sands.
Comment by Chincer on Mar 04, 2021 8:39am
Another divy increase by Cnq, and Suncor wont reinstate it's old one. Time for a management change.
Comment by NPCexe on Mar 04, 2021 10:07am
Think long term. Their decision was good for the stock. Imagine oil crashes again, and they have to cut again? That's dumb, we are still in a sensitive market. We need the economy to be certain it's gonna open up
Comment by Fishermen on Mar 04, 2021 10:50am
I was amazed how CNQ managed to have net earnings while the peers lost tons of money. My brother was all in CNQ, he tripled his investment and he now can enjoy  13.2%divy pay anually. Well, I still have faith that SU will catch up this year. Be patient, next earning should  be positive . If nothing worsens(not likely),  we should see a 30+ SU   by summer . Old dividend ...more  
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