Suncor Energy Inc T.SU

Spread increase

[lifeisgood1010]

In the end,it's all about making money.

And most stocks in the O&G sector are making a lot of it for their shareholders.

Again in CDN $ on sept.6 VS this morning

Spreads have jump more than $5 in the past 3 sessions.

3-2-1 closed at $41.01 on Sept. 6th and is this a.m. it's at $46.40

2-1-1 was $46.61, now $52.89

Over the past 8 trading sessions,my calculation of EPS on a quarterly basis has gone up 
5 cents for Suncor.

While we have seen an increase in the spreads,the "culprit" of this is the increase in EPS 
is entirely because of the increase in WTI.

Only 3 weeks before we close another very profitable quarter for SU and the majority
of the other energy company.

Once in a while, i like to excuse myself for all the typo.Being french, it is not always easy
to express my thinking in english.

Nice day to all.









 

[matt2018]

I don't mind anyway you say it, lifeisgood. SU $billions in profits = my most preferred language!

[lifeisgood1010]

Yes,we do speak the same language. On a daily trading session, i don't think no one can say why a stock is up or down unless  driven  by news story. But what i do know,is the value of a company.And Suncor is very cheaply valued based on the profitability that it's long life assets will produce. Suncor was probably up at the open because WTI was above $88. Were will it close

[matt2018]

SU market cap appr $36B less than CNQ. They can close some of that gap with profitable QTR's like the last one. Need to show it on consistant level. Also, can't get pushed around anymore by activist investors with miniscule holding.  Show them the door.  Don't need the frivolous distractions they bring. CNQ has amazing nat gas assets, SU has the refining assets.  Both