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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 Experiencedon Aug 01, 2021 11:31am
138 Views
Post# 33638328

RE:Perspectives on Investing in SU

RE:Perspectives on Investing in SUOne other point I didn't mention in my earlier post regarding Point B

Following such a strategy would also entail taking over other companies in the renewable energy space and the cheapest way to do this is to use your shares as currency.  To get the highest "exchange rate" for the currency, SU would need to raise the dividend starting next year and in the years following that.  These increases don't need to be large but they need to be steady and consistent with leaving enough funds to use cash for JVs and also to be self funded so that they have to take on any more debt.
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