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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 momyoon Dec 10, 2013 4:52pm
176 Views
Post# 21991802

RE:RE:shorts

RE:RE:shortsJRPaulson has got to be the same guy as Brainwasher and then BigTimeBanker.  Their posts are all so similiar and so bizarre.  I guess you have to give this guy credit for perseverance.  Long gold stocks and short CDN bank stocks has been a brutal strategy for the past year but he might recoup at least some of his losses in the next few weeks or months.  But only a small part.

As for shorting SU, anything can happen but on a balance of probabilities, shorting SU from here looks like a very risky play.  I think SU has been hurt recently by management musing about acquisitions which scared those people expecting a big divi increase in February.  It looks like those people have been shaken out now.

And note the SH main page story wherein CNQ is a top pick for 2014. If CNQ does well in 2014, SU will as well.

And someone else here pointed out that anyone shorting SU is betting against Buffet.  Not a good move, historically.  But it's a free market!
Bullboard Posts