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

Post by Rosmorducon May 06, 2020 8:41am

407 Views

Post# 30991810

Dividend now 3.6%

"As a result, the Board has decided to reduce the quarterly cash dividend by 55% to $0.21 per common share from $0.465 per common share.”

Looks like shareholders were duped once again by Canadian Oil and Gas.

Why waste time here when you can go buy quality companies paying 6%+ dividends presently who have never cut their dividends ever.

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