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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > +17% but when?
View:
Post by lifeisgood1010 on Feb 05, 2024 9:21am

+17% but when?

My  near by CDN Tire is being retrofit but so far haven't see if the gas station will be
as a Petro Canada gas station.I imagine it will.

Last week i wrote twice to SU IR as to when we can expect to see the conversion.


This conversion announcement was made last May.When announced i had written to IR and was told that conversion would start in 2024

So far, i haven't receive any reply.Will keep you posted if i get an answer.

Canadian Tire says in a joint release with Suncor Energy Inc. that the agreement will see Suncor's Petro-Canada become the primary fuel provider for the Canadian Tire network of gas stations. The companies say this deal will increase Petro-Canada's retail fuel sales volume by 17 per cent compared with 2022.May 3, 2023
Comment by newtonboy on Feb 05, 2024 11:29am
The CT/PetroCan transition has been completed in my neck of the woods at the CT locations which offer gas sales. As a SU holder I feel compelled to also transition from my lower priced regular fuel provider (Costco) despite the harsh criticism from my much better half, who prefers the instant savings. I tried to explain the concept of increased sales to PC/Suncor may increase the quartely dividend ...more  
Comment by lifeisgood1010 on Feb 05, 2024 11:33am
Thanks Newtonboy for the info. I once again sent an email to SU IR.Maybe the IR guy lost his job in  last year layoffs(LOL) Will post if i get an answer from IR.
Comment by Experienced on Feb 06, 2024 8:22am
LOL - newtonboy - you are a good husband or least a well trained one....lol
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