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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Post by KLocketton Sep 28, 2020 12:50pm

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Post# 31629305

Many reasons

There are many reasons for the drop in stock price. You have Covid, prices that have dropped from over 60
dollars at the beginning of 2020, a fire which didn't allow for the same production, the sediment that oil isn't as needed and oil sands are no good!!! This is bound to spike back up!! Prices are slowly recovering, they are back up to production pre fire, oil is seen as needed in abundance when planes and countries start back up. Still amazing price!!!

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