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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 Clemxb7on May 25, 2022 7:20pm
367 Views
Post# 34707749

Choo Choo $100 share price Choo Choo

Choo Choo $100 share price Choo ChooSo people must be looking at Suncor and going WTF?

Near 4% dividend?

They crack a lot of Diesel?

Forward Earnings at WTI $105 likely $10 - $15 / share.(CAD). (They just made almost $2 a share when oil averaged ~$95 for Q1).

So the forward PE is currently at the maximum 5?

And they are buying back as many shares as the extra money affords, probably somewhere around 650,000 per trading day?

How can this be possible?
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