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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 Sep 14, 2022 6:53pm
248 Views
Post# 34963120

Jerry Maguire in reverse

Jerry Maguire in reverseMigraine:

I'm grateful for your input and I'm pretty confident that I'm not alone.  

I'm a numbers guy from way back. 

The numbers in financial statements tell stories if you know how to read and interpret them.  The numbers without context (the Notes to the financial statements) are often meaningless as they are impossible to interpret.  Millions and even billions of dollars are posted as one line entries with descriptions that don't really tell you anything.

The reason that I bring this up is because I'm trying to do a Jerry Maguire in reverse.  In the movie, Tom Cruise pleads "Help me Help you?  This post is about me trying to Help you so that you can Help me (and the rest of us that are grateful for your posts)

As I have posted a number of times, I'm not an oil guy.

The primary reason that I post on the SU forum is to learn about the oil industry in general and hopefully glean the occassional nugget about SU.  In return, my quid pro quo is to offer up the odd insight that I might have in regards to market behaviors or interpretations of SU financials beyond the obvious.

The charts and graphs that you present, along with the weekly EIA numbers are nice as it saves us from searching for them if we even knew where to look.  

However, the real value to me is your interpretation of the information that you present.  Numbers and charts and graphs without context are pretty much lost on somebody like me who doesn't have a clue about the oil industry.  

So what I'm really asking, in my Help you Help me version, is for you to provide your insight whenever you post stuff.  While the meaning of the charts and numbers may be easy peasy to you and second nature, the message sometimes eludes me. 

My hope is that you will take the above constructive criticism as a sign of my respect.  My goal is that you will embrace the message and attempt to dumb things down so that people like myself can gain even greater value from your experience and insights.
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