Bullboard - Stock Discussion Forum 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... see more

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Suncor Energy Inc. > These are killer results

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Post by Clemxb7 on Jul 29, 2021 11:41am

These are killer results

Really if SU made $.58 a share and you extrapolate that out the PE is now 10.

The market is being dumb right now - as it has a tendency to do still I am more than happy with these results. Long term oil isn't going away and soon the TMP will be finished. There is no rational reason to sell SU right now though that’s what is currently happening. Whatever I am not selling tomorrow. Long term investors buying here won’t be disappointed.

I agree with the idea of buying shares back I just wish they would throw a little more on the dividend. That’s my only complaint.

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Comment by Tommy123 on Jul 29, 2021 12:00pm

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Comment by w8asec on Jul 29, 2021 12:14pm

I wouldn't worry too much about this "Green" phase....important YES, but we still need Oil & Gas, and soon enough we will have co-existence. Hell, you can't build an electric car without O&G, or anything really...try building a house ...nor can you fight Covid... imagine shipping the vaccines in a sail boat, then trying to figure out how to get the vaccine into ...more

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Suncor Energy Inc.