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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 > Div. vs interest rate
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Comment by integrity11on Mar 18, 2024 12:39pm
109 Views
Post# 35938548

RE:RE:Div. vs interest rate

RE:RE:Div. vs interest rate

I very much hope and anticipate Su will have breached the elusive $50 share price by the time you return. Hopefully majority of shorters have decided to cover by that time.
 

Of course that depends on where the world is at in next three weeks. Hopefully oil price can stabilize where it is now.  Too high is not good for inflation and under $80 is not good for production companies and investors. 

$80 is perfect for Suncor.


 

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