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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

Post by thegreattimarioon Feb 13, 2021 5:04pm
268 Views
Post# 32562875

Price of oil.

Price of oil.Is now trading at the level it did in all of 2019. And with increased vaccinations and activitys i could see it going ovet 80 for sure. If oil goes down this would be a disaster as the sp has never recovered compared to cnq or ovv. On the fence on whether to add more off the fact su seems to be hated from investors. I actually made the mistake of selling all my ovintiv at 10 and buying  su at 16. Ovintiv is now 22 a share.
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