Bullboard - Stock Discussion Forum 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... see more

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TSX:SU - Post Discussion

Suncor Energy Inc. > Shorters/Hedge Funds - Bid/ask both $44.75

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Post by integrity11 on Sep 05, 2023 8:56am

Shorters/Hedge Funds - Bid/ask both $44.75

Shorters and Hedge Funds working together this morning to drive down the starting price. Both bid ask are $44.75 for 2.5 million shares. Last share price was around $46.50 on Friday. Hopefully corrects before market open. Doing the same for CNQ.

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Comment by meritmat on Sep 05, 2023 9:15am

Saudi keeping the cuts till end of Dec. Share price ain't going down

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Comment by lifeisgood1010 on Sep 05, 2023 9:22am

Thanks for the news Meritmat.This explain the jump in WTI and Brent Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, according to the state-owned Saudi Press Agency. Riyadh first applied the 1 million-barrels-per-day reduction in July and has since extended it on a monthly basis. The cut adds to 1.66 ...more

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