RE:RE:How long should I wait- the MAJOR reason for the share price DISCOUNT to it's peers has NOTHING TO DO WITH ENERGY TRANSITION and mostly due to INSTITUTONAL BIAS against Suncor Energy for EXECUTION RISK that has manifested itself in a DEPRESSING SAFETY RECORD and GEOLOGICAL RISK FACTORS that many investors believed would be mangeable
- the new SU CEO is off to a GREAT START with a PRECISION DOWNSIZING STRIKE of the employment payroll and I believe is taking a REALLY HARD INDEPENDENT LOOK at operations and how they can be MORE SAFELY RELIABLE and at the same time OPTIMIZING the COST STRUCTURE
- this is what a proficient CEO (I am very glad that they were able to get Rich Kruger.) does and the previous CEO lacked both FOCUS and DILIGENCE
- this will TAKE TIME to SHIFT ATTITUDES but the continuing improvement in PERFORMANCE will RECTIFY things
z173