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 > Dividend

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Comment by Speedyon Aug 09, 2021 3:23pm

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Post# 33673103

RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividend

It's one thing to buy back shares and hold them to eventually disperse to management or hold for future, which inevitably the shares end up sold back into the public market without reducing the share count, in my opinion this is useless and self serving.

It's another to buyback shares and dissolve them which increases the value of the stock.

Im not sure what path suncor chose but if it's the latter, that explains the share price crating.

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