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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 Vlosunon Jul 21, 2021 11:42pm
136 Views
Post# 33586287

RE:RE:RE:SU options with its free cash flow

RE:RE:RE:SU options with its free cash flow
  think there are a few things missing from your analysis. The number of shares was not maintained solely by the effect of stock options. Over the past 10 years the company has issued 47 million shares as compensation. Or 5 million per year on average. The company bought back 300 million shares for disposal. If you add the 220 million shares issued for the purchase of COS in 2015 we can then understand that we are still at 1.5G shares. However, production went from 550kbpd to 800kbpd with an increase in sco from 50 to 185kbpd. Since the company has decided to stabilize its production, you can therefore estimate, with the current cash flow, that it will be able to reduce its number of shares quickly. CN represents a company that systematically buys back its shares to improve performance. Time is on our side, let's not be in such a rush. As for CNQ, acquisitions were made at a better price, and they are currently benefiting from this opportunism.I
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