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. > Q3 vs Q2

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Post by lifeisgood1010on Aug 29, 2023 1:10pm

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Post# 35610163

Q3 vs Q2

This morning, i took the time to do some calculations on uptream and downstream
profits estimates

On the upstream i used 640,000 bbls/day and with that, SU will make 26 cents more in
Q3 than in Q2

On the downstream i used 410,000 bbls/day and with that,SU will make 22 cents more

AECO Nat gas is still hovering in the $2.50 so another + for SU and our CDN$ is half a cent lower so another +

Maintenance in the refinery are over for 2023 so they are running full out...

I would not be surprised at all if Suncor shows an increrase of at least 50 cents/ share if not more in Q3 vs Q2

Staying long

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