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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 parachuteon Apr 19, 2016 4:41pm
114 Views
Post# 24785656

RE:Too bad...

RE:Too bad...I think if they'd been better managed, then the take out would not have happened.  COS wasted a lot of money on things that didn't pan out (like the isolated natural gas reservoir purchases in the NWT), they were obscenetly generous with the board members, they didn't  have any hedges in place on the price of oil if you can imagine a company being run like that, they seemed to have an ongoing litany of quality control issues that were never resolved despite hundreds of millions spent.  

So there's that.
Bullboard Posts