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.

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Comment by martman16on Dec 06, 2009 6:54pm

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Post# 16559183

RE: RE: oil pressure - martman16

Don't get me wrong. I've started buying Suncor in nov of 08, and have done ok trading it on from $23 to now, but that was a no brainer, (su below $35). I just think the price will be a bit below $40 for a while, however I hope I'm wrong. Once they fully digest the PCA stuff, they will rise. Rick George is one fine leader inmo. I'm playing some unit trusts with decent yields in the energy sector and if SU takes a big correction I will load up the truck again. BTW sure hope they make a call on Fort Hills soon because I stuck with a whack of UTS at an average of 3 bucks. Cheers

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