Suncor Energy Inc T.SU

Thank you market.

[Lacas24]

I just bought a big stack of Suncor shares due to the unwarranted drop this morning. I am truly grateful .

[Fishermen]

From 22.84 to 21.34, that is quite a dive.

[Lacas24]

Totally bogus drop. If you can read a financial statement than you know this drop is bs. It's a bait and scoop scheme for dirty brokers

[Chris007]

In what way was Q4 a "good" quarter? Serious question...they beat on EPS, undeperformed on revenue and cash flows were not great. That being said, with oil prices almost 30% higher now, than the Q4 average, the future looks bright.

[Lacas24]

Please stop this fake bashing argument. I got no time for small time shorters. If you can't see value in that Q and a positive forward guidance then go buy something else.

[Chris007]

Did you even read my post? I said, Q4 sucked, which it did, but with the huge bump in oil prices recently, the company's future prospects look good. You didn't answer me, with any specifics about what in the Q4 financial statements was actually good...so please enlighten me  if i'm so wrong

[Lacas24]

Ok I will budge since you refuse to do the work 12% Capex cut without meaningful operational loss. 95% refinery utilization Beat the analyst EPS easily. Without the non-cash write down we would have a positive Q I hope this is enough. If you want to see ugly Q just check Shell, BP, Exxon. Now those are horrendous.

[Chris007]

lol...do you have anything else not pulled directly from the 1st page summary...yes...you definitely did a lot of "work" in quoting the highlights page. How about the main bad...the elphant in the room. Most notably the collapse of operating cash flow by approx 65% YoY, down 35% QoQ

[Lacas24]

Are you kidding me? You are quoting cash flow issue while we are restricted movement? Also 40$ WTI? Did you even bothered compare Suncor cash flow to other majors? Just to help you a little . Shell cash flow dropped 87%. Get a life man. You are nitpicking past events. You asked me positives yet instead of acknowledgement you reverted back straight to your agenda.

[Chris007]

Yeah, thats my whole point...Q4 sucked...why are you defending it? Going foward, the picture should be substantially better, with oil prices up around 30% from the q4 average... Jesus, you're dense

[Lacas24]

I defending it because it is top quarterly amongst other oil producers. It's not rainbows and unicorns but definitely not what you are trying to picture in here. A positive EPS in the middle of a pandemic is decent. Jesus you are a retard.

[Chris007]

Where do heck do you see a positive EPS...it came in at -0.11, net loss 168 million It appears you are the retard

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Chris007]

I agree with your optimism, which is why i still own the name. My response about eps is to the other guy who for whatever reason believes that the company turned in a positive eps, which is ironic considering how much he is harping on about the financial statements

[Mtklip]

it was a positive EPS beat, not positive EPS vs shell negative EPS vs expectations

[Lacas24]

Keep arguing about petty sh!t while I am already up 4% on 9000 shares because I don't hang up on trivial details like you. Have a nice day

[NPCexe]

Aw cmon guys there's no need to be sour, we all want the same thing. Some are more pessimistic, and that's fine too. Make love not oil war XD

[Mtklip]

share dump mostly over, March to 25 starts on Monday.

[Mtklip]

Lacs is right

[Bigbear7405]

Quarter was not a goody. Massive.loss for the year. This stock is a buy and hold. Its going to need a year to figure itself out. Covid needs to go away and people back to traveling g and flying again. Give it a year.

[Mtklip]

with oil being $10 higher in 2021 they're getting roughly 2.5-3 billion more in revenues just from oil sale. That and the improved downstream business and cost cutting measures means good things will come shortly.

[NPCexe]

Exactly, this $hit has to stop. REGULATE IT