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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. > How long should I wait
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Comment by Experiencedon Jul 22, 2023 6:28pm
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Post# 35553066

RE:RE:RE:How long should I wait

RE:RE:RE:How long should I waitMrbb......True they can be retrofitted...BUT....

1.....people buying EVs will do most of their charging at home not at a PC station....

2.....those that don't charge at home have many more options than refitted gas stations to charge their batteries

PLUS......the cost to refit is not cheap


There is absolutely not way buddy that as EVs become more a part of the cars on the road that PC stations and others will lose revenue not only from gasoline sales but the lucrative revenue from convenience stores.  This lost revenue will impact the bottom line for SU.
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