Rick Metzger

@trend_bullish Just to be clear $95 C is around $68.35 WTI US$ x $1.39?

Just for fun; Estimated target prices at the end of 2026 for WTI at a stable $95 (in CAD, on TSX): 1. Canadian Natural Resources (CNQ.TO) Low-cost leader (breakeven ~$40). FCF per share could double vs. low scenario. Calculated target price: CAD 85-95 (strong buyback potential + growing dividends). 2. Suncor Energy (SU.TO) Integrated model (refinery captures margins, crack spread). Reduced breakeven target of ~$38. Very resilient and cash-rich at a high price. Calculated target price: CAD 110-125.

@MarcNixon24 The Federal government is poised to rake in a windfall of extra taxes on the extra profits the Energy Producers will be paying taxes on. Thing is a lot of that revenue is generated on sales outside of Canada to the US and China. You have to love that kind of tax!

CBC panel BASHES Pierre Poilievre Removal of Gas tax would save $0.25 per liter at the pump. Panelist But But But $3.5B hole in the Budget, where is that money going to come from? I have an idea, CUT $1.4B from CBC and we are half way there.

@jleqc @CTVNews @liberal_party Do you think that Carney would endorse a business plan for that? Get him on a plane to Australia. Rumour is they need their own refinery!

@CTVNews If the @liberal_party could think big, it would make a steel connection from coast to coast, and pipe hydrocarbons through it. As opposed to this pedestrian idiocy to further divide and indebt our country while avoiding adding any value.

‘They used to think big’: transport minister slams Conservatives’ criticism of high-speed rail ctvnews.ca/politics/artic…

@MPelletierCIO Not hard to visualize Carney’s think tank going in that direction when they should be rubber stamping another pipeline to Prince Rupert along with dropping the large vessel limitation. Think of the jobs and future taxation even at present day rates.

Shut down your energy industry, then tax them when an energy crisis hits your economy. The EU is so broken. Scary thing, Canada is going down the same path.

@Nick_duCat China like The US doesn’t need anything Canada has to offer but could you please put an order in for 1/2 of what the US doesn’t need either. US 4,000,000 barrels per day. China 2,000,000 barrels per day. Wake up Carney! Fast forward a west coast pipeline to Prince Rupert!

I'm guessing this is a rhetorical question but in case you are wondering the answer is "yes".

@levandovsky Time for analysts to reprice their 2026/2027 models and price targets on Cnd energy producers! Go out on a limb because $56 WTI some were using getting an F grade.

They are just printing cash right now.

@AndreasSteno Doom and gloom is in the eyes of the beholder! If you’re an energy investor perhaps you’re smelling roses!

Tomorrow, I am going to show that there is actually a path towards a fully recovered oil-flow in 4 weeks from now, even despite a situation where Trump doesn't really end the war, or where he leaves with solving the Strait. There is TOO much doom and gloom around in Oil markets

@KramerKarma1 Oh wise ones do you plan on selling your energy stocks when oil rallies to $150 and paying cap gains taxes then re entering at lower prices because you love your energy picks?

🤣 🤣 🤣 I love to see the celebrations! Congratulations, oil longs! (I am a self admitted chasing sucker but I've had energy as the main part of my port and/or realized gains every year since 2018, so I'll pretend to fit in now) TNZ is my biggest realized gain 2026.

@BeegJj @techstockdl @FuzzyBe02910905 Seen Burton Cummins live in MooseJaw Jaw last year!

@Merlice1 @techstockdl @FuzzyBe02910905 Beautiful place! When we were in California we would listen to free cover bands on the beaches We heard this amazing BTO group! It actually was them! My favorite 🇨🇦 band The Guess Who 🤩 Is Suzanne French?

Just finished my taxes. My 🇨🇦 o&g has been so great to me In 2025 it mostly contributed to a $130k capital gain & $49k in dividends Looking great in 2026 🤩 Paying taxes to the 2 most anti-oil governments. Nuts! 🌞

@BeegJj @techstockdl @FuzzyBe02910905 Is Lemieux a French name? OUI!

@BeegJj @techstockdl @FuzzyBe02910905 My lovely wife Suzanne ne:Lemieux is our social convenor. We have been partaking shows at the Venables Theatre in Oliver. A high school musical, then 3 knockoff performances with Simon and Garfunkel, the 50s,60s,70s and the Beach Boys. So much fun in the Okanagan Valley BC!

@Merlice1 @techstockdl @FuzzyBe02910905 Have a great time! 🌞

@CaptnForesight @UndervaluedOnG @trend_bullish Hope you were sharp as a tack and loaded up on CVE shares

@UndervaluedOnG @trend_bullish They stole MEG

Back of the envelope cash flow calc for $cve @ 100 WTI & $40 crack for 2Q gets us to ~4B net debt target end of 2Q considering 1Q26 debt reduction as well

@BeegJj @techstockdl @FuzzyBe02910905 Month end dividend days. PPL,TPZ,BIP.U,CVE,BN,TVE,KEY,TIH,RCI.B,QSR,L,KO,WN,NVDA,SLF,IFC,CCL,CN,UNP,AVGO,ROST, BAM. Dividend plays. Doing spring vacation in BC wine valley. Toured Nk’Mip, Volcanic, Hester Creek, Phantom Hills, Tin Horn Creek. Dinner tonight at Burrowing Owl.

@Merlice1 @techstockdl @FuzzyBe02910905 100% agree

@tradeoilstocks It’s all Trump’s April fool day joke!

I’m actually down today because my tech stocks are down more than my oil stocks are up. Looking at you $CVE, what kind of +3% gain is this on the back of +10% WTI?

@BeegJj If enough people tell Carney we need another West and East pipeline for the good of the nation will he take one for the “team” to help balance our government deficit?

Patrick Horan, Principal, Agilith Capital - oil higher for longer - a risk premium for oil of $10-$15 a barrel for the next 2 years - 🇨🇦 needs another pipeline(s) - nuclear power is the logical answer

@techstockdl @FuzzyBe02910905 @BeegJj Suncor’s depth of assets comes in to rescue the base mine decline. Replacing the production over time with lower cost in situ and also much better environmental footprint. Try as hard as Carney can to dismantle western Canadian energy it is so necessary for government coffers

@Merlice1 @FuzzyBe02910905 @BeegJj BeegJj's tax bill captures the irony: we extract profits while governments dismantle the sector. SU's buyback optimizes a declining asset. I rotate toward the UAE, where integrated planning offers actual long-term stability.

@FuzzyBe02910905 @BeegJj SU dropping share count by 30% over next 5 years.(30/5=6%/year) allows the dividends to grow on a per share basis without excess cost as fewer shares to distribute the same expenditure on dividends

@BeegJj So: RJ Boyz attended the $su Investor day. Clearly v. impressed w/Rich's plans. Big bump to TP. They had increased from $72 to $93 on 30 March. Today, they bumped it an additional $11 to $104. I hope you're in bed dreaming of large dividend increases...

@jim_duffus @BNN I agree Duff. Perhaps a producer/pipeline consortium to constantly lobby the news media’s of all descriptions because Carney seems to deaf in his good ear and doesn’t want to hear out of the other!

Suncor CEO Rich Kruger is set to appear on @BNN on Wednesday. It would incredibly prudent if he was to also state this "FACT" while he has the opportunity for the leftwing bnn executives to hear. If we got TC energy, Enbridge, Suncor, Canadian Natural Resources starting to state it LOUDLY so it starts finally making national news casts things might happen. That's 4 companies worth $500 billion in market cap speaking.

@ysteve747 Razor says to know what you own!

@Merlice1 Material to Suncor’s balance sheet perhaps. I will definitely take it as a satisfied shareholder. I am not looking for anything from the market right now Rick- too much static out there right now.

$SU.TO 🛢️🇨🇦

@ysteve747 SU has had a great run up but justified. As a satisfied shareholder I look farther ahead and really like what was said about the 3 year plan. Specifically the US $5 reduction in corporate WTI break even per barrel to only $38 by 2028. Also 400k bpd future capacity @ 30k flowing!