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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 Wynjoeon Jul 01, 2021 7:16am
354 Views
Post# 33478548

Suncor is doomed????

Suncor is doomed????
Yes they are making loads of cash today, however each day some other financial institution jumps on the climate change bandwagon and starts pounding their chests to show the world how they will save our planet, boohoo.....,be that as it may,and i personally think it's mostly hogwash, i believe its working. Suncor has too many shares, and too few investors and to many Greta Thurnbergs ,and the Gretas are winning. I dont see Suncor disappearing anytime soon but I do see them languishing for a very long time. Even at double the oil price, you need many buyers to drive s/p Personally i dont see any solution,then on top of that,we have a federal goverment that is anti oilsands .You tell me the answer......
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