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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Suncor Energy Inc > Suncor #2 behind Tesla

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Post by PabloLafortune on Nov 01, 2021 1:02pm

Suncor #2 behind Tesla

Looked up stock in October according to yahoo finance. Those of us who advocated restoring the dividend a few months ago are vindicated...

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Comment by bluebeard123 on Nov 01, 2021 2:02pm

I'm glad they restored the dividend. I have built a good dividend portfolio over the last 30 years. When Manulife cut their dividend in half in 2009, it took them until 2019 for them to restore the 2009 dividend rate. It hurt back then. I'm close to retiring and I will be relying on these dividends for income. Their mix of dividends, share buyback program and reduction in debt makes ...more

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