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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc > First quarter behind us

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Comment by PabloLafortuneon Apr 01, 2021 7:35pm

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Post# 32925636

RE:RE:RE:First quarter behind us

Bingo. Shell same thing. Of note, if $30 WTI is break even for maintenance capex, and $35 WTI is break even for maintenance + current dividend, then is it safe to say that $40 WTI is break even for maintenance + previous dividend? If so, it would make sense for them to restore the dividend to what it was before the pandemic considering WTI averaged $58 in Q1.

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