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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
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 > SELL SUNCOR...BUY CENOVUS???
View:
Post by Wynjoe on May 28, 2021 3:21pm

SELL SUNCOR...BUY CENOVUS???

Cenovus is at least concentrating on oil output and cutting debt.Suncors investing to heavily into something other then what it is for my taste.Suncor has lots of cash to burn through yet with its hydrogen and windfarming ventures.May work in the long run but existing investors should see returns sooner rather then later.For future hindsighting as i write this you can buy Cenovus for $9.82 and Suncor for $27.92.
Comment by Plus50 on May 28, 2021 6:16pm
I did texactly that today. I sold some SU and bought some Cenovus. The SU i sold i bought at $15/share so it didnt hurt much. The rest will have to sit for a while.
Suncor Energy Inc