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 > Dividend play

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Post by silkoson Apr 27, 2022 9:13am

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Post# 34635049

Dividend play

CVE just released their latest ER. Outstanding results plus big news for shareholders bringing the div to .42 quarterly. Having this in perspective, Suncor shareholders which are invested in SU for the div only may choose to double their div by exiting SU and opening CVE positions. Makes sense? We'll have to see if SU comes up with a similar move to reward investors. Thoughts on the topic?

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