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.

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Suncor Energy Inc. > Crack spreads,on an uptrend

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Post by lifeisgood1010on Jul 31, 2023 3:32pm

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Post# 35565376

Crack spreads,on an uptrend

Just like WTI,Brent, SCO...the crack spreads are on the rise

July 3rd we were at $42.90CDN now $54.62.they have improved more than $1.25
since this a.m.

Yes these spreads do fluctuate like anything else but they are showing very good strenght.

The only thing in this space that ain't moving much is nat. gas and this is
very good news for Suncor since they don't produce any but do consume a lot.

Once again, staying long.

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