Suncor Energy Inc T.SU

Institutions continue to bail before earnings

[liljohnnyjoke]

and likely continue to add to short positions

all must know for certain that even with +$70 oil that there will be no sharing of record FCF with investors via divi increase

that will take sp back to $20 CDN

and if oil price pulls back in fall as it usually does they will say they can't raise divi then and voila $15/sh like last fall

but they will have bought back most of the 44M shares via the NCIB closer to $30/sh

money well wasted

they deserves record year end bonuses for price performance

[angelnicky]

MANAGEMENT SHOULD RESIGN

[Spanito]

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[liljohnnyjoke]

the world knows that there is still a ton of over supply and that some has to be taken off the supply chain they have looked around and discovered that the easiest supply to eliminate is Alberta's bad politicians and the endless inability to build pipelines or generally get anything down without decades of talks and protests and pull evry dollar of foreign investment out what international

[Chad123]

CNQ

[liljohnnyjoke]

IMO has parent Exxon will be interesting when Imperial reports Friday, expect a decent divi increase in part on all the money they make from 25% ownership in Syncrude strange how they can pay down debt, do share buybacks, and share revenue with investors via divi increases same with CNQ only SU management can't do all three at the same time?

[Spanito]

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[liljohnnyjoke]

isnt ConocoPhilips in the process of unloading its +200M shares of CVE at market prices which hold that one down?

[Spanito]

This post has been removed in accordance with Community Policy

[liljohnnyjoke]

but not Canadian soy sales to China dropped by 95% after Trudeau was tricked by Trump into detaining Meng Wanzou so that Canada wouldn't benefit from China trade while Trump had his trade wars with them didn't Trudeau have to compensate soy farmers with hundreds of millions $$$? China will get their oil and other raw materials elsewhere as well, like the friendly USA i think Meng will

[GoldOilInvestor]

The low intelligence of our government worries me. We need trade with other countries to exchange our raw materials for finished goods. Or we need to make them ourselves. If we fail to do either, we are heading to the poor house like what we are doing now. Alberta is in a depression for years. My son has trouble to find a job and stayed home for a year even he was the top student in the

[liljohnnyjoke]

and with an another expected Trudeau win it won't look any better for Alberta for 4 more years but we usually see some multi billion $ cheques heading to Quebec based companies like Bombardier and AC  right around election time