Post by
angelnicky on Nov 02, 2022 9:55pm
Acting CEO may be removed
why buy Fort Hillis and then take a write down
shareholders will pay for it tomorrow a
Comment by
maramos98 on Nov 02, 2022 10:17pm
Odd that no mention of dividend yet...could we get a surprise boost in the AM?
Comment by
HighOctane89 on Nov 02, 2022 10:24pm
The disconnect between head office (Calgary) and the actual production facilities (Fort Mac) couldn't be more obvious . Calgary is more interested in chef catered , 3 Martini lunches , the business is rudderless with no focus or leadership . Suncor needs an oil veteran with a plan , not the aimless bunch of boobs currently wasting space in HO today .
Comment by
autofocus111 on Nov 02, 2022 10:48pm
Octane You sound like the one who's discoonected. Rudderless and with no focus? News flash.... they divested non-core renewable assets and used proceeds to buy up TECK's stake in FortHills.
Comment by
Oldnagger on Nov 03, 2022 4:56am
There are rules against taking unjustified write downs. In this instance Suncor has come across a valid reason to do so !! In all the discussion I have read so far , there seems to be no mention of the high differential that has been in effect for WCS during Q3. I believe that differential will narrow once the SPR releases are halted