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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 heraclituson Feb 02, 2011 8:25am
538 Views
Post# 18060431

RE: SU is in an upward trend to over 50 dollars

RE: SU is in an upward trend to over 50 dollarsMessage from this quarter for me is that PetroCanada has been consumed and the meal was great.  Market apprehension over that deal has abated and now SU will move strongly to the  higher valuations that an undertaking of this size and significance deserves.  With strong commodity pricing $50 looks more than likely.  I am thinking nearly inevitable!
Bullboard Posts