Suncor Energy Inc T.SU

Are the dividends safe?

[GreenMonster333]

I am thinking about investing in Suncor. I am relatively new to investing and I am trying to determine if the current dividend should be maintained over the next 10 years or so. Any help is greatly appreciated. Thanks.

[Farmer12]

Oil producers are NOT the most stable place to look for dividends. The oil pipelines have much more stable cash flows and more secure dividends. The banks also almost never decrease dividends, but they are not cheap right now.

[Stonksonlyup90]

Very safe - read their investor presentation and latest MD&A. They are modelling at $70 WTI and I think all in payout is 65%

[mrbb]

i think SU can maintain current dividend at 60+ oil  

[Vlosun]

~$35/bbl WTI covers total enterprise operating costs + sustaining capital6 + dividend No problem in a carbon world Now you have to answer this; do you think electric car will kill ICE?

[Farmer12]

Suncor cut the dividend once, they could cut it again.Check the oil price in the spring of 2020. The odds may be small from where we are sitting now but crazier things have happened after a wild night. I don't see ICE cars or motors disappearing soon. At least not in my life time. Ev's are only 2-3 % of the Canadian fleet now? In the third world ICE vehicles are everywhere and will be for

[goliath06]

THESE DIVIDENDS AREBBASED ON ///////////////////////////   70 DOLLAR OIL  //////////// SO YOU CAN RELAX FOR THE TIME BEING ///////////////////   SUNCOR WILL DO JUST FINE  //////////////// /////////////////////////  2.00 DIVIDEND NEXT TIME AROUND  /////////////////////////   JUST MY OPINION   /////////// ///////////////////////// 

[GreenMonster333]

Thanks to everybody for their input, it is appreciated!

[Obscure1]

I have posted most of the following earlier, but I thought is was worth repeating in answer to the discussion. There are about 300 million registered vehicles on the road in the USA.  Each year, there are 18 million new registrations and 13 million deregistrations As expected, the number of net vehicles on the road in the USA increases by 5 million per year. Unless American buying