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.

TSX:SU - Post by User

Suncor Energy Inc. > A bit more profitable today than yesterday

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Post by lifeisgood1010on Sep 06, 2023 12:13pm

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Post# 35622055

A bit more profitable today than yesterday

So far today,markets are down here and south of the border and SU is mostly stable.

This sign of strength his because

diesel is down, gasoline is stable but the combination of lower CAD + higher WTI
is more than compensating(the beauty of being integrated).

As per my calculations, Suncor is making more today than yesterday.

Surely, i don't know the mix of Suncor sales but i am quite confidend in my numbers.

In any event,we are holding a stock that is showing tremendous strength.

Some will argue that we are over bought, maybe, but that is short term trading.

Staying long and yes,Life is good

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