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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

Post by winafewon Jun 08, 2021 5:40pm
311 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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