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 > Teal Linde expects SU to increase its dividend

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Post by Marner16on Jun 21, 2021 4:08pm

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Teal Linde expects SU to increase its dividend

I'm not a fan of the BNN show where fund managers answer questions from callers as everyone has an agenda.

Regardless, Teal mentioned today that he expects SU to increase the dividend although he didn't specifically say when.

Teal also mentioned that Mark Little bought half a million dollars worth of SU earlier this month.

Nobody has a crystal ball but it is nice know that Little is buying.

Here is a link to the video: https://www.bnnbloomberg.ca/video/teal-linde-discusses-suncor~2226555

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