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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TSX:SU - Post Discussion

Suncor Energy Inc. > Exxon FCF now greater than GOOG

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Post by Clemxb7 on Jul 30, 2022 4:21pm

Exxon FCF now greater than GOOG

We are looking at historic results in O&G a space investors have shunned in favour of tech.

My theroy? "Make mountains of cash and they will come (back) ". (just like the movie - sort of - just no Kevin Costner).

https://www.bloomberg.com/news/articles/2022-07-30/revenge-of-old-world-economy-as-big-oil-s-cash-flow-rivals-tech?sref=NqTCpwwa

I think in 1980 Energy was 16% of the S&P now it's 4%.

Room to run baby!!

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Comment by Clemxb7 on Jul 30, 2022 4:53pm

Exxon earnings (after Q2) is $6.03 TTM. Share Price = $96.93 PE = 16.07 https://finance.yahoo.com/quote/XOM?p=XOM&.tsrc=fin-srch Suncor earnings (after Q2) will be between $6 and $7 TTM. PE = 7.24 to 6.2 https://finance.yahoo.com/quote/SU.TO?p=SU.TO (I realize one is in CAD and the other USD though the ratios work the same) These are two very comparable companies. Suncor way undervalued.

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