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 gasoholicon Mar 31, 2019 5:05pm

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Post# 29561298

RE:RE:Like father like son ?

https://www.fool.ca/2019/02/19/warren-buffett-buys-suncor-energy-inc-tsxsu-should-you-do-the-same/

I hope that link works . Another thought I had was that Buffet may be seeing and end ( or at least reduction ) to the railroad shipping of oil . Oil shipments are plugging the railways of North America and interferring with shipping grain , fertilizer , lumber ,etc . I wouldn't put it past WB to be backing pipelines and oil stocks figuring that sooner or later the pipelines we need will get built . This will reduce fuel consumption in N.America and benefit all othe industries that depend on rail . This goes against the grain of what he has been doing but he is a wily old fox .

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