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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 Clemxb7on Jan 19, 2022 10:50pm
173 Views
Post# 34335955

RE:RE:Some of us hope admin. at SU are reading these posts!!!!!!!

RE:RE:Some of us hope admin. at SU are reading these posts!!!!!!!SU to an extent is a dividend company. They cut the dividend and borrowed money and the stock price got slaughtered because that made investors way too nervous.

Lots of reasons for the share price to continue it's upward momentum from here. 
  • Possible increase in dividend
  • Contimued share buybacks
  • Accelerated debt repayment
  • new markets opening up
  • crude going to all time highs due to lack of exploration since 2016
  • 30 year resource and a stable outlook.(Covid is done affecting the oil market)
Between buybacks and dividends SU is returning 13 - 14% to shareholders before any stock price appreciation. 

They had some bad news though they got it out of the way. Now lets hear the good news on the earnings call. 
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