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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

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Post by Plus50 on Apr 30, 2021 10:55am

Monday

Unless SU announces great results like IMO in higher net income , higher production , up to 4% share buybacks by the end of June 21 and an increase of a dividend im not sure we will see much upside.
Look at Amazon increasing profit by 3 times. Who can compete with that?
Comment by prophetoffacts on Apr 30, 2021 11:10am
This post has been removed in accordance with Community Policy
Comment by Plus50 on Apr 30, 2021 11:30am
I realize that just saying it is going to to take some big numbers to move the needle. I have been in SU since $15 and i would like to see it over $30 soon. It just seems enviornmental concerns are front and center these days.
Comment by Wynjoe on Apr 30, 2021 2:17pm
like Shell and others,Suncor will raise dividend on Monday,however the enviromentalists are extremists and with their protesting offices of groups that even invest with tarsands,Suncor is not going very far.They need a buyback plan like never witnessed before,and it wont happen.All oilsands companies will endure this wrath,nothing can be done,its the sign of the times.