Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

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TSX:SU - Post Discussion

Suncor Energy Inc > Nice to see SU management increasing the share buyback

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Post by ilvmyt5s on Aug 19, 2021 12:38pm

Nice to see SU management increasing the share buyback

Nice to see SU management increasing the share buyback as the SP gets lower. Smart move. Looks like they will have to do a one time dividend payout soon with the increasing cash flow and lower debt levels.

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Comment by Fishermen on Aug 19, 2021 1:15pm

No, they better stick to their agenda. Paying out extra dividend only benefits us as retail share holders.And honestly that is just a waste of their precious fund that could be vital for their survival. In future, they will need tons of money to convert their gas station into EV charging station.

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