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 > Suncor = sleeping giant at today's oil price.

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Post by Clemxb7on Feb 09, 2021 10:01pm

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Post# 32521250

Suncor = sleeping giant at today's oil price.

Average price of oil 2020 = $41.26 Price now = $58.30 = 41% Higher now. At production levels of ~750K barrel / day thats approximately $4.7 billion *EXTRA* that would pretty much go right to the bottom line.

That puts the numbers (RIGHT NOW if present oil price sticks for the year ) at better than 2018 and 2019 when the stock hit a high of $55 share!

With those number the dividend comes back no probs.

SU is sleeping right now. Don't worry it will wake up! (LOL)

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