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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Dropping like a stone today.
View:
Post by mbuch on Feb 02, 2023 11:42am

Dropping like a stone today.

Seems worse than the rest of the sector. 

Bad earnings coming up???

Or is it just good old SU?

Comment by MigraineCall on Feb 02, 2023 1:57pm
Profits in energy moving into NQ on a rip, now up 4%. Use XLE as your leading indicator. CNQ, CVE, IMO, SU, all beat down nicely while crude stays relatively flat. US$ strength dropped gold and US listed Canadian oils. Volumes very low. No news. Buying 2M$ more today of the above on the US side near or before close as it turns, perhaps right now before the hour.
Comment by MigraineCall on Feb 03, 2023 10:58am
Sold 2M$ of CNQ, CVE, IMO, and SU on US side, for +2% net gain. Waiting for reentry. Watching NG names, still too high given falling NG prices.
Comment by meritmat on Feb 03, 2023 1:06pm
Nice man  Getting ready to head back down to the Bahamas.  There's a 70 pound Ono cruising around just waiting to be caught 
Comment by barneyj44 on Feb 02, 2023 3:26pm
Plenty of the other oil stocks I hold are taking a drubbing as well. Wcp, Cpg, Arc etc. I would think earnings would follow suit like Exon, Imperial Oil and Shell who all knocked it out of the park
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