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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > So where’s the shareholder value they are creating?
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Post by thegreattimario on Jul 13, 2021 11:34am

So where’s the shareholder value they are creating?

My divy payments are down over 50% and the sp is down. The only reason people will invest in oil gas stocks from now and into the future is if they have strong divy payments. If they dont restore after next quarter then this dog will easily drift below 25$. And dont let people say it's better if they do buybacks over divys. Buybacks benefit management divys benifit you. Ask sears shareholders how well buybacks worked for them.lol
Comment by firstworld on Jul 13, 2021 11:43am
SU had been defacto nationalized by proxy when's the last time you saw a state company do what's best for anything other than votes. Last year I said buy Russian Energy LOL. At least they ha e the balls and the military to te everyone to pound dirt unlike pushover Canada with corrupt JT Stalin fulling the Carribian trust accounts with Gates cash.
Comment by liljohnnyjoke on Jul 13, 2021 11:48am
They have probably only been buying back shares at $30 or above. Why didn't they buy back when under $15 instead? Sears spent their last $6 billion on share buybacks from +$100 all the way down as they said it was a steal. Instead of creating a better online experience and keeping the company alive. When they let all of the workers go with nothing they then awarded $200 million in bonuses to ...more  
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