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.

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Suncor Energy Inc. > 3-2-1 crack spread a whopping $68.02

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Comment by Bigbear7405on May 17, 2022 2:26pm

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Post# 34689874

RE:3-2-1 crack spread a whopping $68.02

3 billion a year in debt payment give or take. Unless they slow down on share buyback and focus mostly on debt repayment.

lifeisgood1010 wrote:
When SU hit $55.47 on aug.3rd 2018, the WTI was at $67.08 and the 3-2-1 crack spread
was at $22.60.

Right now, the WTI is at $114.10 and the crack spread is at $68.02

I have being traking the spread since nov. 2007 and the avg.spread over these 14+ years is $20.60

Some investors just don't get it that SU is making $$$ like never before in it's history.

The balance sheet is being transformed at an even more rapid pace then what mngt. had
imagine.

Patient shareholders will be rewarded BIG TIME,this upward move,is only starting