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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 > Virtuous cycle
View:
Post by Farmer12 on Aug 02, 2021 4:01pm

Virtuous cycle

$84 million is definitely significant when it is added to the profit column.
Comment by Chris007 on Aug 02, 2021 4:13pm
It really has no effect on profitability...accounting-wise dividends are paid out of net income (after all expenses have been deducted). The company can retain the profits as retained earnings or pay them out as dividends.
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