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.

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Suncor Energy Inc.

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Comment by onec007on Mar 12, 2020 7:03pm

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Post# 30801724

RE:Suncor is not going to disapear!

I agree. Having an integrated model will prove vital as pure shale and oilsands players will be cut off as they have no ability to refine their product into higher priced value added products. The strongest players in the market are SU, HSE, CNQ and IMO. CVE I think could be in trouble if this plays out longer. Lack of cash, high debt and more importantly do not have the takeaway capacity to ship their crude to get them refined hence the rail cars.

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