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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 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

Comment by alwaysmovingon Feb 01, 2021 12:06pm
112 Views
Post# 32436967

RE:RE:RE:RE:Q4 report Feb 3

RE:RE:RE:RE:Q4 report Feb 3Ya good point, no need to reward shareholders that are buying in at these prices with dividends.  We're all happy with the share price increase as investors realize the true value here, shares are still at a huge discount and Suncor is smart to be buying back right now.  We'll risk losing some of the institutional investors that are looking for the divy but all the better if you ask me.  Hopefully the board agrees with our sentiment.
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