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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 Obscure1on Jan 13, 2022 11:02pm
311 Views
Post# 34315507

The Suncor oil price disconnect these days

The Suncor oil price disconnect these days The SU share prices always moves with the price of oil.

Today, oil was down, so SU was down nearly 1%

With WTI over $80, I believe SU should be going UP every day.

Until SU gets well into the $40's, every day is ON SALE day as long as the price of oil doesn't take a dive. 

We will know when mgmt thinks the share price is fully valued because that is the day they will stop buying via the NCIB
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