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 > SP performance says it all

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Comment by w8asecon Jul 29, 2021 12:29pm

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Post# 33623610

RE:RE:SP performance says it all

Well said, it's the right move

prophetoffacts wrote: SU's management is playing the long run. It is able to buy back shares with 80% upside to $45, which is the pre-pandemic level. Other companies are buying back at pre-pandemic levels right now. Who's getting the better value? Judge the result 5 years from now. The buybacks add up. SU will have little debt and thus won't be owned by the creditors and it will have bought back all that cheap stock. SU will be owned by the relatively few remaining shareholders. Then it can afford a huge dividend hike.

liljohnnyjoke wrote: EVERY other other company is at least at and in most cases above pre pandemic levels and even at multi year high SP

At the 52wk high of 31 SU needed another @ 40% move up to get to pre pandemic levels

that has to be a management issue

no wonder Buffet and KSA bailed