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.

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Suncor Energy Inc > SU Still in Penality Box

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Comment by Bigbear7405on Apr 05, 2021 11:29pm

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Post# 32939739

RE:SU Still in Penality Box

Montly fool has also posted almost 10 articles saying that suncor is going to 40 and maybe 50 because they have laid of people and made their company way more efficient. Cutting the dividend makes them way more profitable than other companies. Lets see what the next earnings is before we see where this is going.

angelnicky wrote: SU still in PB because of CEO cutting div
May be years before SU recovers back to 1.88 div but at that time EV will be here.
Monty Fool anal did say SU did have a risk of going to zero in the future
Saudi A have SU strings and control the stock price with price control
When Iran gets on board you may see SU and all other ol stocks drop with SU going to 15
Its a risky business in the oil industry with so many uncertainties.