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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

Comment by newtonboyon Feb 05, 2024 11:29am
106 Views
Post# 35863087

RE:+17% but when?

RE:+17% but when?The CT/PetroCan transition has been completed in my neck of the woods at the CT locations which offer gas sales. As a SU holder I feel compelled to also transition from my lower priced regular fuel provider (Costco) despite the harsh criticism from my much better half, who prefers the instant savings. I tried to explain the concept of increased sales to PC/Suncor may increase the quartely dividend she receives to no avail. She explained to me that the divs are tax eligible while the discounted gas is tax-free. I had no recourse but to STFU and listnen. Happy wife...




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