Suncor Energy Inc T.SU

Quiet is good...

[Wynjoe]

With a low s/p ,Suncor can quietly buy back shares ,decrease debt,and hopefully find ways to reduce production costs even further. With oil prices where they are,combined with already low production costs,Suncor is making boatloads of cash,but they know federal support,(though they bought a pipeline to tidewaters in British Columbia),and its public support is low because of climate warming. This will change at some future point however, when the powers that be, and flag burning demonstrators ,realise we need oil production for many years yet.We need it for the security and comfort of our citizens, and a trading commodity, as a barter with other countries. In an increasingly warming global trend,do you think the people of this world will accept the sweltering heat that is being predicted?,or do you think they might want thier air conditioners on blast?lol,Our new millennial population will demand all the comforts,and this has no choice but to use our oil,lol,its coming....

[Skysohigh]

I'm really holding out hope for, as you put it, "quietly" buying back shares. The s/p performance has been abysmal to be polite but it does offer them a good opportunity to buy back a lot of shares cheap. Really though, considering how low the s/p is, it might even be a good idea to pause debt repayment and throw everything at share buybacks as long as the shares are, say below 30