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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. > A must watch video for every investor IMO
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Comment by autofocus111on Oct 29, 2022 8:42pm
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Post# 35058153

RE:RE:RE:A must watch video for every investor IMO

RE:RE:RE:A must watch video for every investor IMOnewcoin "Could it be that Teck has has better places to put its money but SU doesn't?" TECK faces rising costs in a major copper project. I suppose the sale of their stake in FortHills will help cover that.

>>>Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK) has raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least $500 million. Canada’s largest diversified miner now expects QB2 to cost between $7.4 billion and $7.75 billion, up from a July 2022 guidance of $6.9 billion to $7 billion, and an earlier estimate of $4.7 billion.


https://www.mining.com/teck-resources-hikes-cost-of-qb2-copper-project-in-chile-again/
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