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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 > The market has spoken.
View:
Post by thegreattimario on Jul 29, 2021 12:13pm

The market has spoken.

Very negative reaction to su not increasing the divy. Oil above 70 su making good capital but sp is down. I dont understand why so many people think this helps thier bottom line sp down less money going into their account through divys. So how exactly are you you making money.
Comment by PabloLafortune on Jul 29, 2021 12:41pm
Even worse is the fact they doubled down on the buybacks. Management's hubris is what spooked the markets. Stock should be up 3-4 instead its down 3. Board of Directors has completely lost the plot.