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

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Post by PowerTrader43on Nov 22, 2024 9:27am

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Post# 36325678

Dividends Keep Me Hooked on SU.TO

Been holding SU.TO for a while now, and the recent 5% dividend bump is music to my ears. Kruger's turnaround strategy is clearly working. The yield's solid for income investors, and with the oil markets staying strong, I’m reinvesting those payouts to compound the growth. Anyone else think this is a dividend-growth play now, not just an oil sands behemoth?

Oh, and by the way, I’m also keeping a close eye on MYNZ—heard some buzz that it might take off soon. Anyone else tracking it?

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