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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

Post by ultravires88on Apr 30, 2022 6:09pm
398 Views
Post# 34645237

Elliot Management

Elliot ManagementI would be estatic if Elliot Management can influence Suncor to unlock their shareprice potential even if in the short or medium term. Been in Suncor for 1.5 years while watching CNQ and CVE fly pass us in shareprice appreciation. Hope Little and the BOD engage with Elliot Management for the good of Suncor. A 50% dividend increase will restore the market's confidence in Suncor and will re-ignite investors and funds to buy back in.

"Elliott Management has targeted AT&TTwitter, and NRG Energy in the past. As a result, the share prices of the activist-invested companies have shown superior performance in the short to medium term. But their performance in the long term has been mixed"


https://ca.finance.yahoo.com/news/could-elliott-attack-really-create-120000411.html
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