Post by
lifeisgood1010 on Jun 03, 2022 11:25am
2022 vs 2018
Just a few more data points that shows how cheap SU is.
I was looking at the Q2 2018 results vs Q1 2022.
In 2018 Funds from operation was at $1.75/ share and EPS was at 73 cents.
In Q1 2022 FFO was at $2.86/ share and EPS was at $1.92
2018 oil sands production was 358,900 bbl vs 766,100 in 2022
Refining and marketing profits were at 884 million vs 1.6 billion in 2022
Imagine what Q2 will be.
SU hasn't even reach it's 2018 selling price while it's two to 3 time more valuable depending on witch metrics you use
Many investors just don't get how cheap and undervalued Suncor is
Comment by
Bigbear7405 on Jun 03, 2022 11:45am
Normally you get a setting after the dividend comes out Not much of one this time around. Seems to be holding strong. I guess when your making 1 billion a month one can expect this. 1.1 billion to dividends,1 billion to share buybacks and 900 million to debt repayment, every quarter. Pretty outstanding.