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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 Lawisfunon Feb 08, 2024 8:08am
154 Views
Post# 35869318

Rich Kruger will deliver success in 2024

Rich Kruger will deliver success in 2024

Kruger is a simple guy who believes in oil production and the fundamentals of returning value to shareholders. 

 

Kruger has already managed to shift Suncor’s focus back onto the business of low-cost production and profits. 

 

Kruger is not one to be distracted by the politics and rhetoric of the longer-term energy transition.

 

Kruger understands how to win.  And in today’s environment of negative sentiment and undervalued Canadian O&G companies, Kruger will win by creating value via Suncor’s large integrated asset base underpinned by oil sands.

 

2024 is setting up to be the exact type of market environment that can allow a leader like Kruger to sparate himself from the pack and deomonstrate the full potential of the Suncor suite of assets.

Kruger measures success by a single metric: shareholder value.  I look forward to watching Kruger do what he does best in 2024. 

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