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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 > Did SU pay back $3.6 billion and $1.8 billion? $5.4 billion?
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Comment by TheCrazyAccton Nov 03, 2022 10:53am
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Post# 35069641

RE:RE:RE:Did SU pay back $3.6 billion and $1.8 billion? $5.4 billion?

RE:RE:RE:Did SU pay back $3.6 billion and $1.8 billion? $5.4 billion?This is my first post.  I have owned SU for a while and I have been following this board very closely.  

Regarding net debt, lets assume that the $3.6B repayment came out of cash on October 1st.  Cash is included in the calculation of net debt.. therefore there is no impact to net debt.


However, I am a little perplexed as total debt does not appear to have been reduced.  On June 30, total debt was $17.4B and on Sept 30, total debt was $19.2B after the USexchange revaluation of $0.7B.  Interesting.....   

But I am still long on SU.  I will comment separately on my take of the Forest Hill  purchase.
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