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. > Crack spreads

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Comment by MigraineCallon Aug 11, 2023 12:07pm

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Post# 35584013

RE:RE:Crack spreads

Refining and distribution provide about half of Suncor's profits.
Certainly underrated as most focus on the upstream side of the business.

Clemxb7 wrote: So often when Canadian Oil is compared lazy analysts reference oil production only.

Hopefully Suncors refining and distribution show their stabilizing influence on the numbers and we may get a surprise.

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