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 > No divy increase

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Comment by Chris007on Jul 15, 2021 1:12pm

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Post# 33552841

RE:RE:No divy increase

Or deleveraging...most likely

liljohnnyjoke wrote: The 44M shares will be bought back between $26-31 but when no divy increases come with these high oil prices share price will fall back to $15-20 and they will be already finished with the buyback alloted monies

That means all of the extra cash mountain they are accumulating will go towards record shattering management year end bonuses

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