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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
Post by fredviewon Jan 21, 2013 4:47pm
330 Views
Post# 20868763

SU

SU

I agree, oil prices seem to be the key risk area.  I think the next  couple of weeks will be very positive as they will be reporting a  very strong year with reduced debt, reduced share count, increased production, reduced cost per barrel  and a soon to be increasing dividend. It sounds like the direction for 2013 will have a greater focus on returning money to shareholders and staying cautious on rapid expansion.  Can't help but like how they have been able to reduce the debt load as they are the definition of a cash cow. 

Bullboard Posts