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.

TSX:SU - Post by User

Suncor Energy Inc > March 31st vs today

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Comment by Clemxb7on Jun 08, 2022 4:11pm

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Post# 34741582

RE:March 31st vs today

No doubt Suncor is undervalued based on a lot of metrics.

Suncor has a decent chance of making over $3 this quarter. That puts forward earnings at $12. Give that a 14 multiple and you get $168.

Things to consider:

Oil prices are likely to stay high for the forseeable future.
14 isn't an outrageous multiple for a company spewing cash from all it's orifices.
Got Suncor calls or common?

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