Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

Suncor Energy Inc. > Oil anywhere near $55.00 is a dream

<< Previous

Bullboard Posts

Next >>

Comment by Wynjoeon Apr 09, 2021 2:06pm

218 Views

Post# 32967769

RE:RE:RE:RE:RE:RE:RE:Oil anywhere near $55.00 is a dream

west white rose would be an acquisition,Suncor only own 26 per cent of that project now.If they buy 25 per cent from Cenovus,they would be in control,(with 51 per cent),of a carbon friendly oil project,that would enhance Suncors decarbonization portfolio.I think it would be a great purchase for Suncor,they have already written off 425 million because of west white.The project only need another billion or so to complete,and this could turn into an extremely viable asset,other then that they buy the full 69 per cent from Cenovus,complete White Rose themselves and their 425 million comes back in play.Thoughts???

<< Previous

Bullboard Posts

Next >>

Yukon agency detects cyanide near Victoria Gold's Eagle mine