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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 Chris007on May 04, 2021 12:36pm
203 Views
Post# 33123981

RE:RE:RE:AMZN downgraded on March 15 2015 at $370/share

RE:RE:RE:AMZN downgraded on March 15 2015 at $370/shareYes, all these things are good for investors, yet noone seems interested.

SU is basically stuck in no man's land...For income investors intested in the energy cyclical recovery, CNQ is the go-to vehicle. They have good leverage to oil prices in that they have ridiculously low operating costs, and their dividend is basically iron-clad (board and management have demonstrated that basically under no circumstances will they cut their dividend)

If you want quick capital gains, the small and mid cap energy stocks got absolutely crushed last year, beyond anything that makes sense, so even if the current bounces are merely mean-reversion, the gains to be had are still substantial.

Clemxb7 wrote: SU isn't that hard to figure out. SU=$$$$$$$$$.

SU's strategy is "if you build a mountain of cash they will come"

Share buybacks, debt retirement and dividends are all good for investors.

Buying back debt strengthens the company the most.

Share buybacks and dividends both return money to shareholders. At these prices buying back shares is solid thinking though I can't see why they couldn't of increased the divedend by a token amount.




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