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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

TSX:SU - Post by User

Suncor Energy Inc

Bullboard Posts

Comment by brieferon Mar 08, 2012 12:35pm

513 Views

Post# 19644038

RE: Are we getting bad news after hours?

The share buy backs are not helping the SP. The SU broker will be trying to suppress the SP so shares can be purchased as cheaply as possible. Until SU management increase the dividend to around 2-3% investors will chase the higher yields even if the price is too high. Retail investors are notorious for chasing stocks & getting bitter when the SP falls. SU is a very good long term investment but I believe the yield has to be increased for income interested investors. JMO

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