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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Earning will be good Patients.
View:
Post by Owlseye1 on Feb 01, 2021 4:32pm

Earning will be good Patients.

Should beat. This thing will turn direction here. Good luck everyone.
Comment by Mtklip on Feb 01, 2021 4:39pm
even if it doesn't, it can still go up on forward looking statements. It's been in a trading range and the direction should be up now.
Comment by Bigbear7405 on Feb 01, 2021 4:56pm
won't the 425 million impairment White Rose be on Q4?
Comment by Mtklip on Feb 01, 2021 5:04pm
the impairment I think happened in Q1. It doesn't really matter that much, it's mostly about cash flows.
Comment by Bigbear7405 on Feb 01, 2021 10:29pm
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.oedigital.com/amp/news/484358-suncor-to-record-impairment-charge-on-white-rose-assets&ved=2ahUKEwix79HBmMruAhUNrp4KHRkBA0QQFjABegQIBBAB&usg=AOvVaw1cCKE_wxRe0c7yNTXwwvsE&ampcf=1&cshid=1612234426880 This charge will happen this quarter which will affect EPS. unfortunately. I feel this stock will recover but ...more  
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