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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 > WOW: Returns To Shareholders GREATER Than Free Funds Flow
View:
Post by ztransforms173 on Aug 14, 2023 7:07pm

WOW: Returns To Shareholders GREATER Than Free Funds Flow

during Q2/2023:

($ millions)

* return to shareholders: 1363

split 50 % share buybacks
and 50% dividends

* free funds flow:  1042

- of course, this CANNOT CONTINUE indinitely but they were CONFIDENT ENOUGH NOT to dial back share repuchases during the QUARTER

z173
Comment by Experienced on Aug 15, 2023 6:04am
 Confident enough not to dial back on share repurchases during the Quarter - Huh??? From Section 8 of their Report.. Shares purchased 2Q 2023 - 16.8 million Shares purchased 2Q 2022 - 53.5 million Shares purchased 1H 2023 - 36.7 million Shares purchased 1H 2022 - 75.2 million Shares purchases 1Q 2023 - 19.9 million Shares purchased 2Q 2023 - 16.8 million Guess you were taught a ...more  
Comment by wreckhouse on Aug 15, 2023 8:34am
R Nutjob and the NDP wanted to shut down the oil sands and in no time at all they realized there was no money coming in to pay the bills and left Alberta with a 78 billion debt bill ! Than you get j trudope and bubble head freehen telling Canadians that the budget balances itself and now our national debt is way over a TRILLION  .  The new math !  Well even gaybutt now realizes how ...more  
Comment by ztransforms173 on Aug 15, 2023 10:32am
Confident enough not to dial back on share repurchases during the Quarter - Huh??? From Section 8 of their Report.. Shares purchased 2Q 2023 - 16.8 million Shares purchased 2Q 2022 - 53.5 million Shares purchased 1H 2023 - 36.7 million Shares purchased 1H 2022 - 75.2 million Shares purchases 1Q 2023 - 19.9 million Shares purchased 2Q 2023 - 16.8 million Guess you were taught a different math ...more  
Comment by Experienced on Aug 15, 2023 10:53am
Nice Pivot my friend.....in the post I was responding to you said something completely different.
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