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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Comment by bigbear4511on Jan 25, 2022 12:43pm

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Post# 34358577

RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting Energy Market

You can whine all your want he won't step down. Not when they are making 50$ profit a barrel.

Experienced wrote:

angelnicky wrote: ceo shouod step down , it will be good news for the stock

Generally, when I see posts such as yours on various Boards, my thought is that the poster is somewhat simply minded and inexperienced.

In this case, I find myself agreeing with your sentiment. Little is not an "oil man". His approach is more a combination of CYA and financial engineering as opposed to really looking at what it will take to set the stage for future growth of the company.

ALA was in a similar situation a year or so ago. I was a long time holder of ALA but sold out in the mid 20s when the incompetence of the management became very evident . The BOD kicked out the management and put in a great guy as CEO. I bought back in in the mid teens and have seen almost a 100% gain in the SP due to great new management. I think the same could happen to SU.