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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 rad10on Dec 14, 2021 10:02am
182 Views
Post# 34228484

RE:RE:RE:RE:RE:4.7 billion

RE:RE:RE:RE:RE:4.7 billionYep - boring and cheap.  Just as unpopular as big tobacco in the 90s.....  I wonder how you would have fared if you parked some cash there.  Oh wait.....  I already know....  

Experienced wrote:
Abruzz0 wrote: CashHungry, 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,
I wish you and CashHungry all the best.

I have been around this mulberry bush for over 50 years and when I see a company like SU with the metrics that it has and the SP doesn't reflect it for an extended period of time like it has it means that the big money have voted with their feet.  Until SU management shows that they have ideas to use their substantial cashflow to grow the company in a meaningful way, the SP will continue to languish.  If you guys are content with a few pennies more each year on your divy then that's up to you.  But the fact of matter is that under that scenario there many other companies to invest in that can provide a greater total return with low risk and again that's why the SP of SU doesn't reflect its metrics.





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