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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 mrbbon Oct 21, 2023 10:08pm
143 Views
Post# 35695039

RE:RE:RE:RE:Reprieve for ICE vehicle industry good news for SU

RE:RE:RE:RE:Reprieve for ICE vehicle industry good news for SU

Experienced wrote: lol...good one


Meanwhile...back at the ranch.....SU is trading at about the same SP it was 5 1/2 years ago.


Great LT investment I guess?

If you played the ST swings as I have posted while the transition is going on you couda made some serious change like Migraine.


Each to their own I guess.  But as I have posted many times the easy money is going with businesses with the wind at their back NOT with industries facing a headwind and worse yet Governments that are ganging up on them..BUT again..each to their....good luck my friend...hope it works for you!!!

i'm curious why you partake on this board with mostly battery/EV and geopolitical discussion but afraid to make useful or specific oil related outlook forecase based on you 'vast' past 'Experience' in the finance, trading discipline and political view?  Your only forecast i've seen from you is doom and gloom is coming, good luck to all. At least robin (obscure1) willing to stick his neck out on SU demise using EV as his backdrop. Don't worry, nobody here is gonna sue you, just want to see what u got there. 

1. why oil names sold off last friday in a rising oil price day?

2. Will the israel-hamas war lead to greater and longer lasting conflict in midle east?

3. even on the topic of EV, how well EV sales gonna do in a recession?

i think the board members rather hear your view on above topics than on Li-ion vs solid state battery. 

 

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