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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 Aug 10, 2021 9:46am
207 Views
Post# 33677559

RE:Beaten down and left for dead. Time to buy

RE:Beaten down and left for dead. Time to buyProblem is there are lots of alternatives in oil and gas. Check out Marathon Oil (MRO). Very profitable ($1.9B FCF at $65 WTI on $1B capex, $9.2B market cap). Also down 10%. Despite the FCF yield of 20.6%.  Is it a more "comfortable" investment for US/Foreign investors than SU? Probably. Better line of sight to FCF for the remainder of the year. More balanced use of FCF.  Simpler business. Less fixed costs. Lower break even. $$$ wise, very disciplined management team.
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