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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

Suncor Energy Inc > Divy yield keeps rising, back to 3%
View:
Post by liljohnnyjoke on Jul 14, 2021 11:57am

Divy yield keeps rising, back to 3%

as SP keeps dropping, into the $27s now

perhaps below $25 before earnings in 2 weeks?
Comment by thegreattimario on Jul 14, 2021 1:26pm
Awesome lose thousands in share price for a better yield. Gotta love suncor the worst performing oil stock in the narket,
Comment by liljohnnyjoke on Jul 14, 2021 1:36pm
This is the ONLY oil company I know of that  couldn't recover to prepandemic levels, and by a long shot, at $30sp they needed to move up another 40% to get there, and oil was $55 prepandemic, now $75. And others like IMO manage to pay down debt, buy back shares AND raise dividend. It can only be a management thing and that probably drove Buffet and KSA out. They wouldn't have bailed ...more  
Comment by Speedy on Jul 14, 2021 3:50pm
  Suncor looks like a golden egg still compared to companies such as crescent point and baytex. Those 2 companies have been an imbarrasment compared to most all others. Although I do agree Suncor is being held down severely and it's not retailers selling at these prices. It's just a game being played by big players to accumulate shares. It'll eventually go back up. Stocks are ...more  
Comment by JTPatrols on Jul 14, 2021 2:30pm
This post has been removed in accordance with Community Policy
Comment by Tommy123 on Jul 14, 2021 2:44pm
This post has been removed in accordance with Community Policy
Comment by Chris007 on Jul 14, 2021 3:49pm
The so-called ban is on NEW ICE cars and light trucks by 2035, not existing...obviously theres still going to be a decent number of ICE vehicles on roads for sometime after 2035 https://www.reuters.com/world/americas/canada-ban-sale-new-fuel-powered-cars-light-trucks-2035-2021-06-29/ That being said, such a ban is probably unneccesary...most automakers are already shifting production ...more