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 > With a yield

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Comment by mrbbon Feb 03, 2022 6:54pm

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Post# 34395355

RE:RE:RE:RE:RE:RE:RE:With a yield

current 5.5% yield is quite good, anymore dividend would get out of line from other majors,unless SU want to become like income trust that's paying out too much, crash and burn. Share price get killed even harder if promised dividend can't be kept. We don't want SU to hedge oil production but we want SU to lock in a dividend for shareholder? Retirees can always go back to GIC if they want, i dare them to forfeit 5.5% dividend for 1.5% GIC.