Suncor Energy Inc T.SU

Management

[oldtimer21]

The solution I see  is drop the stock buy backs,increase the dividends, substantially reduce costs within the company and reduce debt. Don't buy any other assets companies etc. deplete the long term reserves and return cash to shareholders. Evaluate the major divisions and as appropriate spin them off as separate companies or sell them if practicable. Distribute shares, cash or both to shareholders.
Result is you attract yield investors back, ESG is never going to be onside so forget them. Waste of time and money. 

With this new mindset I believe financial investors will return, it's simple understandable and not driven by ego. Result 30+ years of much happier albeit fewer employees, bondholder, and stockholders

[Tommy123]

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[oldtimer21]

Tommy 123 If Suncor did a quick calculation comparing the price company has paid for all of its own shares over many years and the market value of those shares it would be a substantial negative value. That's simply because the share price has been trending down for many years. When they cut the dividend and the share price collapsed they also cut the share buyback.  The sector is in

[PabloLafortune]

Exactly. Shareholders need to realize Suncor in its current incarnation will probably be gone in 40-50 years. If Suncor was owned by a single shareholder, there wouldnt be any question of buybacks of course. In fact, every dollar of profit would probably be taken out of the business and reinvested elsewhere aka dividends. Probably in the order of $300B over 30 years or $200 a share. Besides, do

[angelnicky]

current debt management strategy is not in the best interest with current shareholders, hence why price is a laggar compare to peers we need change to take advatage with current oil prices