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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Post by exprohibition18on Oct 28, 2020 9:56pm
233 Views
Post# 31800839

Energy is the red haired orphan child

Energy is the red haired orphan child The street has no memory . A year ago we were $60 and making a billion a quarter . Today we are $15 and seemingly nothing will ever change . We are trading like all the juniors did on their way to full oblivion , only this is Suncor . . Nothing has prevented this unfolding collapse . Removal of curtailments.. bank articles outlining extreme tightness in oil sands in 2021 . Corp restructuring . M&a consolidation in space - the stock only knows how to drop - 2% on a good day and -6% on a bad . It cant keep up with index . . Market doesnt care that gasoline inventories are now below the 5 yr avg . Or that the world still requires oil regardless of Carney talk or Blackrock carbon market maker ambitions . Its all show me unless you are Tesla and part of our new leadership names at the forefront of surveillance capitalism .
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