Post by
Marner16 on May 26, 2021 11:56pm
Expected shareholder return of $4.20 per share 2021-2025
See slide 61 which predicts $8 per share in dividends, $7 per share in share buy backs, and $6 per share in debt reduction. In total, the company expects to improve the improve its position by $21 per share by the end of 2025.
Shareholders may argue about how they want the money to be dispursed, but the total number is $21, which is based upon WTI at US$55.
Analysts and institutions will focus on the $21 number and how that number is affected by the delta of WTI to US$55..... AND....by how the company delivers on it green agenda.....AND.....by how the market responds when it wakes up and realizes that going green doesn't mean the end of oil
Comment by
PabloLafortune on May 27, 2021 4:10am
To be filed under motherhood and apple pie. Does anybody have any idea how Suncor comes up with these 5 year rose colored glasses cashflow projections based on commodity prices they have absolutely no control over when as recently as 9 months ago prices were in the gutter and they were bleeding cash????