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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 > Quebec caisse de depot to de-invest in Suncor by end 2022
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Post by Oldnagger on Sep 28, 2021 4:10pm

Quebec caisse de depot to de-invest in Suncor by end 2022

Category:Morningstar National Bank Qubec Index
Comment by Oldnagger on Sep 28, 2021 4:29pm
As far as I know , all of the public companies on the Quebec Index use petroleum products. It seems that green house gases are mainly produced by the use of petroleum products rather than the production of the products. In that spirit I am happy to help concerned Quebeckers and others to decide how to effectively solve the problem with a real made in Quebec solution rather than the hypocritical ...more  
Comment by Eigen337 on Sep 28, 2021 6:04pm
This post has been removed in accordance with Community Policy
Comment by Oldnagger on Sep 28, 2021 6:15pm
If ever the caisse de depot wanted a real reason to divest of Suncor, it would probably be the Pointe-aux -Trembles refinery, Undoubtedly the unruliest labour union and the most inneficient operation in Norh America !!
Comment by Oldnagger on Sep 28, 2021 6:16pm
Inefficient 
Comment by Eigen337 on Sep 28, 2021 6:16pm
This post has been removed in accordance with Community Policy
Comment by Eigen337 on Sep 28, 2021 6:32pm
This post has been removed in accordance with Community Policy
Comment by Oldnagger on Sep 28, 2021 7:03pm
Poor fools, they are missing the greatest investment opportunity that they could possibly get for the rest of the decade. OTOH ,I am sure Trudough will more than make up any losses for them !!
Comment by Experienced on Sep 28, 2021 7:52pm
Agreed They selling that will be using the money to invest in "green" companies. Nothing like selling at the bottom and buying at the top to generate big returns!!! This decision is a real life example of why the transition to a less carbon centric economy driven by stupid politicians will guarantee that things will get messed up and investment in solid oil companies like SU will pay ...more  
Comment by Oldnagger on Sep 28, 2021 8:00pm
their selling will enable Suncor to extend their very profitable share repurchase program, Remember the golden rule . Them that makes the gold  makes the rules !!
Comment by Galic1 on Sep 28, 2021 10:30pm
That's funny good sense of humour, no worries SU is headed without them regardless.