Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

Suncor Energy Inc

Bullboard Posts

Comment by UnluckyNumber13on Feb 10, 2016 9:52pm

185 Views

Post# 24546169

RE:RE:capitulation.....$28.8 mln shares traded

Based on the strength of the balance sheet, even with the ugly future for oil, Suncor remains attractive below $30. However, I can foresee potentially dipping to as low as $26 by mid-year. But not below that, even if it becomes obvious that the dividend is not a sacred cow.

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading