Big Oil looks to woo investors with massive dividendsfrom: https://oilprice.com/Energy/Energy-General/Big-Oil-Looks-To-Woo-Investors-Back-With-Massive-Dividends.html
However, Hipple says that whereas a 10% yield can act as a powerful magnet for the average income investor, savvy, long-term investors are not falling for it because they view oil and gas companies as dividend traps with a sell-by date that is moving closer by the day.
"Once institutional investors determine that demand has peaked--which likely has already happened--they will abandon the sector permanently. Many already have, based on the stock performance of the sector over the past several years."
There are a couple of things I agree with and a couple that I disagree with in the article. The quick read might get you thinking.
It is inconceivable that the management teams of all of the major oil companies including Suncor are not aware of the every scenario, including the one being played out in the article.