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.

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Suncor Energy Inc > Dividend announcement

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Comment by integrity11on Nov 14, 2023 11:51am

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Post# 35734546

RE:Dividend announcement

Good post Lifeisgood I noticed the same last night. Quite possible SU could increase the dividend by a bit in a week or so. Last year it was 12 days after Q3 results.

I agree a small dividend increase is not huge, but I do like the positive direction of the company .

My biggest worry is the shorters and hedge funds trying their best to bring the oil price and oil stocks down.

We need oil prices in the $80 range and NG back to $4.

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Corus reports Q1 profit drop in the face of falling revenue