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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 Experiencedon Dec 09, 2023 10:20am
167 Views
Post# 35776168

RE:Am I on the SU bullboard

RE:Am I on the SU bullboard Ariahap...with all due respect, I think you need to take a broader view when investing.

 Recent subjects of discussion on this Board include....

Guyana currently exports a bit less 400K barrels of oil a day and this figure will grow significantly in the coming years as the deposits found there are the fourth largest in the world and agreements to produce oil are in place with large US based multinational ol companies.  So a conflict with Venzuala and a potential disruption in the supply of this oil is an important investment consideration in buying shares in an oil company.

The pipeline delays to take Alberta oil to markets other than the US is also a significant consideration in buying Canadian oil and gas companies.
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