Profitability,that's all that matters in the endAnybody doubting how profitable are SU refining operation can have a look at page 36 of the
latest Q3 results.
2022-q3-report-en (suncor.com) They show different crack spreads from Q4 2020 to Q3 2022.
Some spreads are 5 time more.Chicago 2-1-1 went from $7.95 to $43.30.
Short term there are and will be pressure on the SP because of investors that were hoping for
a bump if retail would have been sold.
The board took the right decision to keep them.tomorrow we will see the stock go down again
on ex-div. but it will be forgoten when the SP reflects the high free cash flow and high profitability
of it's long life assets