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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 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.


TSX:SU - Post by User

Comment by Marner16on May 27, 2021 9:38am
139 Views
Post# 33274655

RE:RE:Expected shareholder return of $4.20 per share 2021-2025

RE:RE:Expected shareholder return of $4.20 per share 2021-2025Suncor has a team of financial professionals like any major public company who prepare their budgets and forecasts based upon accumulating and processing the huge amounts of information at their disposal.

Public companies like Suncor are dealing with billions of dollars in their calculations and can't just write any idiotic thing that enters their head like the buffoons on Stockhouse. 

Suncor doesn't have control over the price of oil, but they rely upon the best information available in the market place, which is all anyone can do.  Goldman Sachs is projecting US$80 oil this year based upon the best information they can find on oil demand and supply and then they have the best analysts in the world use that information to create their projections.  Maybe our basher will provide us with the basis of his information and analysis about SU's "rose coloured glasses" cashflow projections so that we can compare.

I guess when you are as smart as some posters pretend to be, you can simply throw out the guidance offered by the sharpest minds in the oil and financial industries because you will never be held accountable for the dumb things you say.  Public companies don't have that luxury.




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