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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 > Well if this is any indication
View:
Post by stwatcher on Jul 28, 2021 5:49pm

Well if this is any indication

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.

The Calgary-based company raised its 2021 production guidance after swinging to a $2.14-billion profit in the second quarter. Crescent Point says it earned $3.65 per diluted share in the quarter, compared with a loss of 27 cents per share or $145.1 million a year earlier.

Comment by liljohnnyjoke on Jul 28, 2021 6:10pm
Management there doesn't want to share the wealth with shareholders either, no divi increase, this year is about pay raises and record year end bonuses for management