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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 Obscure1on Jul 08, 2023 10:55pm
121 Views
Post# 35532431

RE:RE:RE:RE:Even the best minds can lose sight of the forest

RE:RE:RE:RE:Even the best minds can lose sight of the forestFor starters, I'm hardly a greenie. Since retiring, I made a seven figure profit on ENB before switching into SU where I made another 7 figures in the last 3 years. Investing is about understanding what is going to happen, not political leanings. 

OXY head quarters are in Houston TX, which was built on oil.  If oil goes down with the ship, Texas will be the captain that goes down with it.  

On the other hand, Trudeau and the Liberals have a long sharp knife deeply planted in Suncor's back. 

OXY has been in business for 60 years building a diversified oil/gas/midstream/chemical business along the way. 

Comparing yourself to Buffet based upon buying into a terribly operated one trick pony with a government deadset on killing it off versus Buffet picking OXY who operates in Texas is a bit of a stretch don't you think.  But what do I know about investing
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