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Suncor Energy Inc. (SU.TO)
Toronto - Toronto Real Time Price. Currency in CAD
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4,711 reactions on $SU.TO conversation
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Suncor goes down because of the shorters ruining this stock. Also oil is down today which can be one of the reasons. Next week, majority of stocks will rocket from vaccine news and etc. Therefore, you should buy and wait atleast till dec. 10 when vaccine comes out. You will be rewarded.
I am actually impressed with how the stock is holding up after the big November gain. Opec+ announcement will move price. All indications continued curtailments until April. Increased production would hurt oil prices. It’s in their own best interests to maintain
Everybody needs to see the bigger picture here. Suncor capitalized on this pandemic in a huge way. We will see new all time highs in the near future.
Think about this, as the price of WTI increases the one that will benefit the most is those with the lowest operating costs, greatest efficiency and scale. It won't be the little Guys it will be the Gorilla Suncor with their fully integrated value chain and downstream demand. The one that has just completed $1.4 Billion in maintenance and upgrades including a new Syncrude - Base pipeline. The one that is slashing costs at Syncrude and taking over operations. Pretty much hear the Dividend increase coming next quarter ....
might be the company selling the stock for divi, so in every points , we are good. just wait for the raise
USA 🇺🇸 markets are closed for thanksgiving. Wishing you All happy thanksgiving. Today is light trading for Canadian markets. Tomorrow will pickup more volume. 🙏😇
vaccine rollout next week, combined with Dividend ex-div date get ready for a nice continuation of the upward trend back to 40$ in 2021
hahaha bashers all around second wave about to over three vaccines on the horizon in two week nd people still think it is going to march low levels🤣
So let me get this straight;
- We are controlling Syncrude by 2021
- Crude Oil is at $44.30 and rising
- The Albertan Government is removing restrictions in December
- OPEC+ is extending curtailments past January
- Saudi Aramaco is in Flames
- We just completed $1.4 Billion in upgrades and maintenance
- We are commissioning the Base / Syncrude line
- At least 3 vaccines are coming right away, the first in January
- We traded at $45.00 CAD pre Covid
- We have an ex-Dividend date next week
- We have removed $2.4 Billion of expense in 2021
Am I missing anything here? Oh, right - the price, should be $35.00 CAD right now ....
Very odd selloff to start today. This will be over $27 in the next month.
I've double my money with husky this month and I just bought into suncor. I'm new to oil stocks. What causes wti to go up. Is it what stocks are trading at that changes wti price? Or does wti price go up based on demand and stocks follow?
Even $22 is still extremely cheap compares to other Canadian oil and gas companies. I also have shares in CNQ which is already $29.82 and IMO.to is already $24.02. Remember that SU stock price was higher than these 2 companies during normal time. Once SU increases dividend again, SU stock price will be much higher. All 3 companies are good, however, SU gives investors a bit more confidence because Warren Buffett also invested in it.
4 Million shared bought right at open today.
I love a BIG commitment!
I wonder of it was Mr. Buffet stocking up?? 🤔
Next week we’ll close minimum $25. So pumped
Does anyone feel good about holding this long and that it will see that $35 mark, why/why not? thanks
Healthy pullback today. Shorters trying to recoup a few of their recent losses, Robin Hoods panicking, Swing Traders thinking they know better and of course the Scourge (no not the bashers, the pandemic). That's okay, we have some VERY IMPORTANT news coming on the Global front next week. Should move us $4.00-$5.00 higher....... If you're thinking of getting in or averaging up now is the time to do it. Good luck to us.
Now is the time for people to buy Suncor. This is the dip, take it or leave it - the fact it is not going below $22 is proof that investors in this company are long term. You’ve been encouraged and warned Bears + shorts 💯 Stock is incredibly undervalued right now
30 CAD EOY
hi everyone just bought in today. Last 2 years this company was trading at 40 to 60 dollars a share. Can't see this not being a good investment long term at this price.
Folks a COVID winter with more stay at home workers will require more BTU’s and megawatts globally than at any time in modern history. This is an investment opportunity of a lifetime.....GLTA!
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