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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 04, 2021 12:09pm
432 Views
Post# 33490691

Low s/p has its upside

Low s/p has its upside
Suncor is buying back their own shares at attractive prices and with oil trending above $75.00 per barrel, this is amazing. With the terra nova oilfield in the wings and their interest in west white rose still there, along with being sole operator of syncrude before years end, Suncor has nowhere to go but up at some point. With billions of barrels in reserves and located inside a an oil friendly province and a pipeline under construction ,(tmx),that will open up world markets ,suncor will be a force to be reckoned with. None of this takes into consideration Suncors green energy future projects. Suncor is maybe the strongest buy today,bar none when you look at Canadian energy. EXTREMELY STRONG BUY!!!!!
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