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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc > These are killer results

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Post by Clemxb7on Jul 29, 2021 11:41am

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Post# 33623361

These are killer results

Really if SU made $.58 a share and you extrapolate that out the PE is now 10.

The market is being dumb right now - as it has a tendency to do still I am more than happy with these results. Long term oil isn't going away and soon the TMP will be finished. There is no rational reason to sell SU right now though that’s what is currently happening. Whatever I am not selling tomorrow. Long term investors buying here won’t be disappointed.

I agree with the idea of buying shares back I just wish they would throw a little more on the dividend. That’s my only complaint.

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