Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by EnergyWatcher55on Mar 04, 2021 4:22pm
423 Views
Post# 32718086

VET-whats not to like?

VET-whats not to like?VET is intrernationally diversifed. Not PIPELINE dependent (such as the vetoed Keystone XL).

VET has oil pricing in light oils, condis, and BRENT oil which today clocked in at $67 US.

VET does not produce HEAVY oils. No oilsands discounts. 

VET has European nat gas priciing which is surging. 

VET has a LOW outstranding share float at 158 M. No DILUTION. 

VET is a leader is ESG. 

VET employees own 5% of shares. They all have a vested interest VET.

Based on OPEC's support for oil and US shale oil off by 3M barrels, VET should reduce its debt SUBSTANTIALLY. 

Even VET did not predict oil in the $60s this early.

The buyers are coming back. Look at the % increase today compared to the other oily names. 

VET Mgmt is determined to right the ship, and if all goes well, whats not to like?

Congrats!
<< Previous
Bullboard Posts
Next >>