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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 LiLy2021on Jan 10, 2022 11:43am
181 Views
Post# 34300037

RE:RE:RE:RE:Honest Question

RE:RE:RE:RE:Honest Question

NPCexe wrote: Worry not, we will follow suit: trudeau will make sure of it. But yes, SU will benefit if the markets don't collapse in 22


 

As a proud, patriotic Canadian, I always think for the well-being and prosperity of my country. It can be something as small as being mindful of the products I purchase (if it's something I can afford and it can help a Canadian business, then I'm willing to pay more for it) to something more significant as the country's GDP or national debt, or healthcare and education spending. 

And here we have our prime minister and his cartel who have been trying with all their might to destroy an industry on which an entire province's prosperity and livelihood are dependent--an industry that makes up a signicant percentage of our GDP. 

I still can't wrap my head around the fact that Trudeau was able to con his way into the country's most important political position. TWICE.  

And please stop using Greta as a puppet. It's a criminal offence to exploit children, let alone a child with a disability. I doubt this kid can even balance a simple combustion  reaction and she's here giving lectures to top scientists about climate change.  

Back to SU. I have many shares of SU. It's been lagging its peers, but I have not sold a single share yet because I still believe in the company. I expect our next earnings to be stellar. One of my favourite energy sector analysts Travis Wood from National Bank gives SU a price target of 45, but a "hold" rating. Does anybody know why it's a hold when the stock is trading very well below its PT?


 

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