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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. > $73.00 US Dollar WTI OIL- WTF
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Comment by Chad123on Jul 12, 2021 3:56pm
210 Views
Post# 33530861

RE:RE:RE:RE:RE:$73.00 US Dollar WTI OIL- WTF

RE:RE:RE:RE:RE:$73.00 US Dollar WTI OIL- WTF
Spanito wrote: Drop today while WTI is at 74.50 US Dollars.   Anyone know as to why the Canadian Energy is getting kicked around like an empty sardine can?  Something smells with the way this is going these days.  Not be negative, I am sure Suncor is fine, but shareholders are not doing well with this stock.  Anyone know is going on to continue the sell off?  I can only average down so much before one has to stop the bleeding.

1234bmth wrote: Today's drop has nothing with oil industry, almost all market is down, Dow Jones is down significantly, financials, mining, gold, manufacturing are all down. The reason is negative US job data.




It's complicated but this article gets a good kick at the can as to what is going on in the oil market.

https://oilprice.com/Energy/Oil-Prices/Spreads-And-Inventory-Levels-Suggest-Oil-Prices-Will-Go-Even-Higher.html

https://oilprice.com/Energy/Oil-Prices/Spreads-And-Inventory-Levels-Suggest-Oil-Prices-Will-Go-Even-Higher.html


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