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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 > SP performance says it all
View:
Post by liljohnnyjoke on Jul 29, 2021 12:14pm

SP performance says it all

EVERY other other company is at least at and in most cases above pre pandemic levels and even at multi year high SP

At the 52wk high of 31 SU needed another @ 40% move up to get to pre pandemic levels

that has to be a management issue

no wonder Buffet and KSA bailed
Comment by prophetoffacts on Jul 29, 2021 12:26pm
This post has been removed in accordance with Community Policy
Comment by w8asec on Jul 29, 2021 12:29pm
Well said, it's the right move
Comment by Shylock40 on Jul 29, 2021 12:34pm
Could not agree more... "be greedy when others are fearful"... simple and effective.  If you bought high, average down and check back again in a year...
Comment by PabloLafortune on Jul 29, 2021 12:42pm
Why not just sell and buy CVE, TOU, CNQ or IMO instead?
Comment by Fishermen on Jul 29, 2021 12:46pm
The only question is how low will it dive???For sure, some years later it will shoot back to 40s. But a week is like a decade for some daily flippers, let alone years.
Comment by Speedy on Jul 29, 2021 12:56pm
Couldn't help myself at these prices. I was buying at 30 so had to pull the trigger at these prices. I used to think CVE was the best deal. Now it's a toss up between SU and CVE. I own both but majority is SU.  I'm long term on them both so not to concerned with the daily manipulation. Suncor buys down its share count, keeps dividen low and gets any cheaper it'll be a take ...more  
Comment by Bigbear7405 on Jul 29, 2021 1:05pm
Ncib will be achieved very quickly with these cheap prices. 425k shares a day.
Comment by thegreattimario on Jul 29, 2021 1:05pm
This will never ever go past 35 they are isolating most investers. Would not be surprised to see 15 come year end.
Comment by Bigbear7405 on Jul 29, 2021 1:06pm
If it hits 15 they will be down 200 millions shares in short order.
Comment by thegreattimario on Jul 29, 2021 1:09pm
And the vakue of your portfolio will be?