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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Bullboard Posts
Comment by trendisafriendon Aug 31, 2010 5:40pm
398 Views
Post# 17401566

Yes, buy and hold is likely gone with the dinosaur

Yes, buy and hold is likely gone with the dinosaurGetting into a buying range, never a surprise, this one to be is the cream of the so called crop.
NIce dump on Crude today, all must be well in the USA????????????
Now back to basics, I expect oil to crack the 70 dollar mark on the downside.
I might get hungry then and go long.... This one eventually will be money in
the bank. Economies eventually mend, and they dont make dinosaurs anymore.
Oil likely will be better in the longer run than GOLD, but not quite yet.
Bullboard Posts