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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 oilandgasmickon Aug 27, 2023 5:17pm
86 Views
Post# 35607409

RE:RE:RE:RE:RE:RE:Will we get back to $50.37 - Year High?

RE:RE:RE:RE:RE:RE:Will we get back to $50.37 - Year High?Here is a quick google to help you understand why high clay content is detrimental to fracking. It is certainly not an old wive's tale. You want more quartz rich (Si-O2) minerals because they are more brittle and thus easier to frack. 


"A high clay content is generally considered to be detrimental to the reservoir during fracturing
 because it can reduce or block pore throats after hydraulic fracturing due to the retained injection fluid."
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