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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > my 2 cents
View:
Post by AlexRox on Jul 30, 2021 1:21pm

my 2 cents

IMO right or wrong. SU management doesn't care or even not wanting to hike the share price with company money. Just imagine that you co own a property with another person and you are planning to buy the share of the other person. You will not make an extra effort to increase the value of the property before the deal. So similarly, I think any substantial div can onlly be expected when they stop buying back shares. why would they distribute the money and then buy those shares at a higher price. I am not saying I am very happy about it, but it's most likely happening here, IMO.
Comment by stwatcher on Jul 30, 2021 1:23pm
Absolutely 
Comment by thegreattimario on Jul 30, 2021 2:00pm
For sure this is happening but why would anyone want to invest