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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Post by lifeisgood1010on Aug 08, 2024 11:44am
200 Views
Post# 36169579

The new Suncor

The new SuncorIntegrity, you are totally right.

Nice to see an investors posting about Suncor.

This am, i listened for a second time yesterday's CC.

Prior to the arrival of R. Kruger, we were facing with a company that was heavy on
labour,non productive compared to many of it's peers.

R, Kruger and is new management team changed that.

They got rid of the over staff non productive employees, embarqued in deploying capital
to improve efficency and made Suncor a safer place to work.

These are only a few aspect of the new Suncor.

In the old Suncor, there was the legacy and mind set of the state own Petro Canada.
Not anymore.

If you are a Suncor shareholder, and haven't listen to the CC, i recommend you go
on their web site to listened it.

These guys are inspiring to say the least.

These results were spectacular in a quarter of huge turn around.

They are reducing cost and exceding on all front the targets they are setting for themself.

The best is yet to come.

We will continue to see the debt coming down, share buy back and increase dividend.

With their long RLI,this is a safe place to be invested for many years to come.

With the interest rates that are projected to come down, our dividend will be even more valuable.

As usual, staying long Suncor




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