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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

Comment by PabloLafortuneon Jul 16, 2021 1:54pm
146 Views
Post# 33560420

RE:Here we go...

RE:Here we go...What do you expect, Management and the BoD are doing the exact opposite of what they should be doing.  They are pandering to forces that want them out of business.  They should NOT be doing buybacks (that one is so dumb), they should not reduce debt (term it out, sure), they should not buy out partners and they should not grow the business. All free cashflow should be paid out in dividends. See how the market reacts when the yield reaches 20%.  Government is going to mandate anyway, just deal with it when it comes.
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