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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 31, 2021 11:34am
162 Views
Post# 33636999

RE:SU leaving itself open to a takeover

RE:SU leaving itself open to a takeoverThere is a huge difference between the 2 companies: IPL desperately tried to maintain the dividend until they no longer could - they were hapless. Suncor is desperately trying not to restore the dividend or otherwise increase it even though they easily could - they are ____________ (use your own adjective). They've either totally lost the plot, are overly influenced by the banks, or worse. None of which are appealing. That said, the stock is dirt dirt cheap. But like I said, so are others - and you don't have to hold your nose when you own them.
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