Suncor Energy Inc T.SU

Oil now 32.5% higher than 2020 4th q average

[Clemxb7]

Oil now higher in price than 12 months ago when SU was at ~$40.00 (CAD $). SU now pretty underpriced.
 
Also oil is about 32.5% higher today than the average price - $43.64 - for 4th Q 2020. (Y charts).
 
The above is just not yet priced in.

[Tommy123]

This post has been removed in accordance with Community Policy

[Mtklip]

is it a moral failing to double your 100k let's say and then give it to the needy? When the oil sands contribute 0.1 percent of global emissions and are part of a vital industry, are you really buying the devil?

[Clemxb7]

So anyone driving a gas powered car is a moral retrobate? Gas will be around for quite a bit yet. I don't see how buying or selling SU stock meams anything. SU didn't single handedly creat global warming. The company is likely right now making tons of cash. That means dividend and earnings up. I think the stock will follow. Investors care about $$$$$ most of all.

[Adonis1411]

It's very unpopular to be buying oil and gas stocks right now. You're right. It's also very easy to be critical of oil and gas in a period of abundance and oversupply. We aren't there anymore. Huge structural underinvestment of oil and gas is going to result in sizeable undersupply as demand returns to pre-pandemic levels through 2021. And it's already happening. https://www