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 > Share Repurchases for Suncor

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Comment by NPCexeon Apr 26, 2022 12:12am

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Post# 34631028

RE:RE:RE:Share Repurchases for Suncor

The immediate threat though is low economic activity which may translate into poor energy demand

mariorizzi wrote: That would approximately be a reduction of 200 million shares since 2018, or about 13% of the outstanding share count at the time. Fundamentals are much better now, cash flow is huge, and even if the economy goes south, the trouble in eastern europe should keep oil prices relatively high and stable.

This stock is going a lot higher.

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