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 > Suncor Energy Declares Dividend

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Comment by ztransforms173on May 08, 2024 9:58pm

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Post# 36030250

RE:RE:RE:RE:RE:Suncor Energy Declares Dividend

- the CAPITAL POOL of the HIGH-YIELD BOND MARKET in the US is UNRIVALLED

- it is NOT the INTEREST RATES but the AVAILABILITY of DEBT CAPITAL that is the DETERMINING FACTOR

- look at MEG Energy for PROOF of ARGUEMENT:

* Almost USD 4 BILLION in High-Yield NOTES for a BOP BASE at the time of 25,000+ bbls/d BUT they had 2+ BILLION barrels of bitumen reserves and a BUSINESS PLAN to TAKE BOP to 210,000 bbls/d

* crude oil price COLLAPSED in 2014 KILLED the MEG business plan {15 floors of an office tower full of MEG employees were FIRED}

- ABSOLUTELY NO WAY MEG 'could' of RAISED that KIND OF MONEY in Canada

z173

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