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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. > 3-2-1 crack spread a whopping $68.02
View:
Post by lifeisgood1010 on May 17, 2022 2:11pm

3-2-1 crack spread a whopping $68.02

When SU hit $55.47 on aug.3rd 2018, the WTI was at $67.08 and the 3-2-1 crack spread
was at $22.60.

Right now, the WTI is at $114.10 and the crack spread is at $68.02

I have being traking the spread since nov. 2007 and the avg.spread over these 14+ years is $20.60

Some investors just don't get it that SU is making $$$ like never before in it's history.

The balance sheet is being transformed at an even more rapid pace then what mngt. had 
imagine.

Patient shareholders will be rewarded BIG TIME,this upward move,is only starting


 
Comment by Bigbear7405 on May 17, 2022 2:26pm
3 billion a year in debt payment give or take.  Unless they slow down on share buyback and focus mostly on debt repayment.   
Comment by Clemxb7 on May 17, 2022 6:27pm
The nice thing about Suncor is they mine the oil, crack the oil, wholesale the products and even retail the products. Money is being generated at every turn. Last I was at the pumps I checked the price of diesel and it was at $2.02 / litre at Mobile. I'm not an expert at crack yields though the formula states you get 3 from 3. Apparently Suncor's feedstock is good for diesel so when ...more  
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