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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. It 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 topdown99on Feb 16, 2021 7:08pm
168 Views
Post# 32580632

Permian production

Permian productionI just heard Permian production has dropped 65% due to the cold , lol . What would happen if Canadian O&G was so "delicate" ?  I have worked in Fort Mac at -40C and everything still hummed along . Outdoor labor moved a bit slower (to be expected) but production continued uninterupted . This loss of production will also allow gas and distillates inventories to be drawn down , its all very supportive of price .
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