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 > Oil at $70

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Comment by Boulteron Jun 10, 2021 1:48pm

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Post# 33365927

RE:Oil at $70

thegreattimario wrote: Last oil was at 70 suncor was trading at 55 a share and cnq was 48 a share. Today cnq 45 and suncor 30. It's all in the dividend folks.

If SU "should" be $55 but is only $30 then the correct move is to buy back shares while they are cheap. Can always raise the dividend in 3 or 4 years.

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