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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 Abruzz0on Dec 14, 2021 5:41am
194 Views
Post# 34227843

RE:RE:RE:4.7 billion

RE:RE:RE:4.7 billionCashHungry, one can only wish that there were more boring and responsibe companies that make up for it by investing mostly in sustaining capital projects and prioritizing FCF to share buybacks and dividends. 

Suncor's generous dividend will likely grow annualy even with oil prices at usual values. Overall consumption is still growing in Canada and internationaly,
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