Suncor Energy Inc T.SU

BNN

[Galic1]

On commodities Tara Webber said that the analysts are saying Suncor is going to miss this quarter because of the operational problems they had this quarter, the loader accident and death of an employee.  I hope not but SU is not trading well into the earnings report.

[Form001]

We all know about this, market is looking further, higher price crude oil.

[jx7000]

That's right. As long they're paying the div, I don't care about "blips." The trend is our friend.

[DaveInvestor59]

I saw that interview too and wasn't sure what to do either. I ended up selling a fee shares because if they miss on earnings it won't be good. Still, theres so much free cash flow in the sector right now Suncor should still have a decent report. Clearly I'm confused lol.

[CrashonTrees]

Since when is it ever past numbers and not about the future ones, it's baked in. Oil on the rise, that's what it's all about. Dividend increase, share buy back, news on increasing production. That will send it higher, not that it missed its target. 

[Form001]

Can drop a few minutes but sharks will buy strongly, SU should double easy in 2022. 

[Form001]

https://oilprice.com/Energy/Oil-Prices/90-Oil-Is-Only-The-Beginning.html

[NPCexe]

Im betting on SU releasing that report early so as to pick up a few more cheap shares before ER. I also like to do the opposite of what Bloomberg tells us, as they have no interest in making you money. My senses tell me that it will indeed be a poor ER, but my other half bets that this is already priced in as many have already said here... now the SP depends on how forward thinking investors are..

[itsalie]

I'd say more downside risk the upside gain.. I don't think they will increase the divvy so I am not sure they can really say to move the share price.