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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, 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

Comment by casino_royalon Sep 30, 2020 5:37pm
238 Views
Post# 31646145

RE:Stock price

RE:Stock price
Tommy123 wrote: I hold SU stock. But with Tesla soon coming out with a $25k car with a 600km range, along with soaring gas prices in the next few years, I suspect that within five or ten years, the oil sands will cease to produce, considering they are a high cost operation. Institutional investors are realizing this now, and bailing on oil stocks. SU could be a $5 stock within a few years IMO.


agree not just tesla rollout of every car manufacturer now has several electric models. It doesnt even matter is oil is consumed anymore its market sentiment going forward. Markets going up but oil stocks keep sinking, short the rallies they're short lived. move on to another sector gl
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