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 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.

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Suncor Energy Inc > Why I like Suncor

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Comment by Oldnaggeron Oct 07, 2021 8:55am

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Post# 33979083

RE:RE:RE:Why I like Suncor

Here is a simple calc for everyone !

Break even = 30 USD per bbl
Present price = 75 USD per barrel
FCF per share = 45 / .78 * 557000 * 365 / 1480000000 = 8.20 per share
Share price = 6 * FCF = 49.20
Then add in refining and marketing
50$ is looking cheap IMO !!
BTW my wife who spent her career working for the Quebec Health insurance is royally Teed off .
Not for her own pension plan but because she is keenly aware of the need that Quebeckers have for better medical care. Their idiot politicians are driven by greed and envy and in no way represent the ordinary citizen !!

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