Suncor’s actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them. As cases hit new daily records, oil traders will become uneasy and unwilling to make large bullish bets. 3 Beaten-Down Stocks Look Attractive, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. Forget Suncor Energy (TSX:SU): These Stocks Can Give You $4,500 Annually, How to Profit From the Market Crash: 2 Stocks to Trade in Short Term. These actions not only support a strong balance sheet, the financial health of the company, including Suncor’s high investment grade credit ratings, but also increases the resiliency of the company allowing it to maintain its focus on long term value creation. Integrated energy major Husky also slashed its dividend by 90% after reporting a … Suncor Energy declares CAD 0.465 dividend. This dividend represents an approximate 11% increase over the prior quarter and marks 18 years of consecutive annualized dividend increases. (All financial figures are in Canadian dollars unless otherwise noted. © 2020 GlobeNewswire, Inc. All Rights Reserved. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Review SU dividend yield and history, to decide if SU is the best investment for you. Legal Advisory – Forward-Looking Information.
Payable Sept. 25; for shareholders of record Sept. 5; ex-div Aug. 31.
Suncor is listed on the UN Global Compact 100 stock index. Forward-looking statements in this news release include references to: Suncor's expectations surrounding the impacts of … The COVID-19 pandemic and the associated rapid demand reduction and the crude oil supply shock as a result of the OPEC+ production decisions are expected to keep crude oil prices lower for at least the next 12-24 months. Forward-looking statements may be identified by words like “expect”, "will", “future” and similar expressions. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? “Suncor’s Board of Directors remains committed to leveraging our long life, low decline resource base and providing the energy that society needs, while continuing to return value to shareholders,” said Mark Little, president and chief executive officer.
A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio.
Forward-looking statements in this news release include references to: the sustainability of free funds flow improvements, the expectation that the current $2.5 billion share repurchase program will expire at the end of February, the expectation of sustainable future cash flow, and the additional share repurchase program of up to $2 billion.
In addition, the current $2.5 billion share repurchase program will expire at the end of February. Not to alarm you, but you’re about to miss an important event.
All financial figures are in Canadian dollars. COVID-19 vaccines might be widely available by the middle of the year. Payable June 25; for shareholders of record June 4; ex-div June 3. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls.
Forward-looking statements are based on Suncor's current expectations, estimates, projections and assumptions that were made by the company in light of information available at the time the statement was made and consider Suncor's experience and its perception of historical trends, including expectations and assumptions concerning: the current and potential adverse impacts of the COVID-19 pandemic; the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; the performance of assets and equipment; capital efficiencies and cost-savings; applicable laws and government policies; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour, services and infrastructure; the satisfaction by third parties of their obligations to Suncor; the development and execution of projects; and the receipt, in a timely manner, of regulatory and third-party approvals. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3E3; by email request to firstname.lastname@example.org; by calling 1-800-558-9071; or by referring to suncor.com/FinancialReports or to the company's profile on SEDAR at sedar.com or EDGAR at sec.gov. Payable June 25; for shareholders of record June 4; ex-div June 1. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. The market is giving investors a chance to buy these top stocks at cheap prices today. “The combination of these steps taken will keep the company strong and position us to outperform as markets recover,” said Little. Legal Advisory – Forward-Looking Information. Payable March 25; for shareholders of record March 4; ex-div March 1. This could send Suncor’s stock price back toward to 2020 lows. Suncor Energy (TSX:SU)(NYSE:SU) continues to be out of favour with investors, despite a stabilized oil price. Steep cuts made to capital investments across the industry in 2020 could lead to supply shortages in the coming years as demand recovers.
It trades for close to $16.50 at the time of writing. Suncor (SU) to Lay Off Employees Amid Decline in Oil Price nasdaq.com - October 7 at 1:06 PM: Suncor Energy To Cut 2,000 Jobs baystreet.ca - October 6 at 8:44 AM: Suncor Energy to eliminate up to 15% of staff amid oil weakness seekingalpha.com - October 2 at 6:55 PM: Suncor Energy (TSE:SU) Given a C$25.00 Price Target at Royal Bank of Canada Given the unprecedented size of global crude inventories, we know that bringing the market back into balance will take some time, although the exact pace is uncertain. The dividend increase is supported by sustainable, structural improvements to free funds flow through sustained asset reliability, debottlenecks, cost reductions, margin improvement projects, and technological advancements. For more information about Suncor, visit our web site at suncor.com, follow us on Twitter @Suncor or together.suncor.com.
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