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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 Obscure1on Aug 02, 2021 3:30pm
160 Views
Post# 33640283

RE:RE:RE:RE:RE:Perspectives on Investing in SU

RE:RE:RE:RE:RE:Perspectives on Investing in SU" How much money are they not paying annually now that 30 million shares have been cancelled?. A million or so".

They actually announced they bought back 35mm shares by the end of June, which means they have likely bought back 42mm by the end of July.  $0.84 x 35mm = how much??????

"By the end of this year they will have bought back 75 million shares, with a hundred not far behind. That would be be a savings of around 3.2 million in not just the current year but ever year after that"....really???

Doesn't anybody around here read the MD&A or the financial statements?

Doesn't anybody think about what they are writing? 

Come on folks, you can do better than this.


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