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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 > Insider trading from Globe...not uplifting at all
View:
Post by cttglvr on May 30, 2022 9:46pm

Insider trading from Globe...not uplifting at all

Suncor Energy Inc. (SU-T)

On May 20, Shelley Powell, senior vice-president – E&P and In Situ, exercised her options, receiving 40,000 shares at a cost per share of $30.21, and sold 40,000 shares at a price per share of $48.9861 with 23,217 shares remaining in this particular account. Net proceeds exceeded $751,000, excluding any associated transaction fees.

On May 17, chief transformation officer Bruno Francoeur exercised his options, receiving 35,000 shares at a cost per share of $30.21, and sold 35,000 shares at a price per share of $48.90, leaving 8,000 shares in this particular account. Net proceeds totaled over $654,000, not including any associated transaction charges.

Comment by w8asec on May 31, 2022 11:49pm
Yes, it's called "PIGS AT THE TROUGH" Never a good sign... especially when I see that I own more SU than both of them and my shares were paid full price with all the risks associated. FYI, I'm divesting from SU and moving into CPG, WCP, and MEG as they have better forward P/E ratios and lower Debt per share than SU I will also buy CNQ on dips just because they seem to care ...more