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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

Post by winafewon Jun 08, 2021 5:40pm
308 Views
Post# 33351580

share buybacks

share buybacksIt looks like Suncor is continuing their share buy back.  Since Apr 21 they've bought back about 10 million shares. At least that what I think they are doing... the sales don't show up as NCIB, they show up like this?

May 28/21Suncor Energy Inc.Direct OwnershipSale under company plan Common Shares0.00-358,100-100.0%0
May 28/21Suncor Energy Inc.Direct OwnershipBuy under company planCommon SharesUSD 23.12358,100> 100%358,100

I'm a big fan of the buybacks, the shares seems undervalued at this level, so they are a great investment for the company.

Also been a little insider buying :  )

Jun 1/21
Little, Mark StephenDirect OwnershipPublic market buyCommon Shares28.9817,25029.1%76,505
Jun 1/21Smith, Kristopher PeterDirect OwnershipPublic market buyCommon Shares29.028,90041.2%30,482
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