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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 lifeisgood1010on Apr 28, 2023 1:00pm
288 Views
Post# 35419491

Surmount

Surmount
Is the prize in this acquisition.With cash operating cost of only $15 to $17 and life reserve
of 50 years.

Also the $10.5b tax pool is another plus

Let's hope Conoco does not exercice it's first refusal right.

Nat bank as a $60 target.will it get there?Who knows.

But to get there, it will have to go to $43,$44,$45.....

So if you are like me and think that SU is way under valued at these prices, you want
to buy while the stock is cheap.

I more then double my position yesterday at the open and will buy more on any pullback.
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