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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 > cryin an whinin
View:
Post by Obscure1 on Feb 03, 2022 5:30pm

cryin an whinin

In early 2020, SU was in trouble, real trouble, and the future was very uncertain.  The company lost $4 billion that year. 

Today, the company announced that they paid down their debt by $4 billon in 2021 and returned another $4 billion to shareholders.

What is this board filled with?????  Cryin an whinin.

Real people (binary or not) don't blame others for their mistakes.  They "man up" and take responsibility for their actions, whether the results are good or bad. 

It doesn't matter what your cost is because the only relevant number is today's price.

For gawd sakes people, if you don't like Suncor for whatever reason, sell and move on.  The management team at Suncor has been crystal clear about its intentions, so don't go blaming management for doing exactly what they said they were going to do.

Or maybe you just like cryin an whinin.
Comment by NPCexe on Feb 03, 2022 5:40pm
I agree Obscure, but I also cut people some slack.. when we see small/mid/large cap stocks blowing past prepandemic highs, while SU farts in the wind way behind the pack, it is a bit frustrating. I think it's healthy for people to let off some steam. Except angelnicky... you mister... need to be patient. You will be richly rewarded, will take some time. In the mean time, try some pot, it's ...more  
Comment by PabloLafortune on Feb 03, 2022 8:35pm
I’m not whining, I’m telling you why I believe the stock is lagging. I sold half my remaining yesterday and bought CVE. I’m obviously not the only one who thinks they’re going in the wrong direction. SU overvalued relative to CVE although perhaps under relative to CNQ. Clearly there’s only 2 kinds of investors Suncor can attract relative to peers who are also making money hand over fist. 1 ...more  
Comment by angelnicky on Feb 03, 2022 8:42pm
i beleive the stock will go up comparable with the other companies when the CEO steps down
Comment by alvarez2 on Feb 03, 2022 8:42pm
Dido Many are here for dividends and some gains......particularly the retired. Want torque, mid and small caps. Suncor trades with the volatility of a small cap without the torque.....no dividend, why would many of the older investors be here.
Comment by Konaboy on Feb 03, 2022 10:16pm
Same, su to cve. Porsche Macan has an 8-12 month wait.  I'm trying to do my part! Soooo many new ev's hitting the market, really don't know where the batteries will be coming from so quickly.  
Comment by mrbb on Feb 04, 2022 1:46am
there are many ways to skin the CO2 cat. Blue Hydrogen burning natural gas still has a carbon footprint.    
Comment by Bigbear7405 on Feb 03, 2022 9:02pm
[So true. It is so awful this.management had record profits. How dare they they should be removed. Rofl quote=Obscure1]In early 2020, SU was in trouble, real trouble, and the future was very uncertain.  The company lost $4 billion that year.  Today, the company announced that they paid down their debt by $4 billon in 2021 and returned another $4 billion to shareholders. What is this ...more  
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