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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc > Debt, buybacks et al

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Comment by PabloLafortuneon Aug 05, 2022 6:18pm

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Post# 34875447

RE:RE:Debt, buybacks et al

I was using net debt not LTD. They are not the same. Buybacks are over rated, Intel has been doing them for 25+ years, $50-100B cost, and look where it got them - govt has to quasi bail them out.. In addition to safety, Suncor could be blindsided by natural gas. It would probably behoove them IMO to invest some of the asset proceeds here. Kind of interesting that the market has little confidence in Dr. Elliott as in do no harm. Hoping for the best but certainly prepared for the worst.

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