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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 mrbbon Mar 10, 2022 3:32pm
149 Views
Post# 34504158

RE:RE:Suncor about to pop...BUY NOW!!!

RE:RE:Suncor about to pop...BUY NOW!!!

do yourself a favor, pull yourself away from your TV

Clemxb7 wrote: In every way SU is a strong hold right now. Everybody soooo impatient.

When Oil was at $40 and SU was at $16 (CAD) doncha wish you had bought some then? I did though I also had shares from in the $30s so I am not saying I am a genius however I had no worry buying at $16.

When Oil was at $65 and SU was at $25 same? I added there. I also added at about $38 a bit ago.

SU may now be a stronger buy right now with oil set to stay sustained over $100 for the foreseeable future. 

I am a huge fan of SU management. They are playing the long game that these higher prices are quickly accelerating. Production costs are as low as ever per barrel. Paying down debt isn't sexy though its like a pass in hockey. Lower debt passes to dividends and the dividends score 5 goals in the second half of the second period. SU wins the game at $100 share price paying a 5.5% divy!

Higher energy prices are here to stay for all the reasons stated here and that’s how I got my investments positioned.

Putin bombing hospitals and civilians and undisciplined unmotivated Russian soldiers are raping Ukrainian women. This is the sort of thing that produces generational hate. Putin will do to the Ukraine what he did to Aleppo. Ukraine will become a quagmire like Iraq only the Russians are way less capable soldiers and Ukrainians are way more capable insurgents.

To all the Putin lovers here. Align yourselves with this psycho out of touch evil cr@p weasel. Your lack of morals probably means you are unhappy miserable jerks and tha

 

 

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