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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Bullboard Posts
Post by blackaceon Mar 01, 2018 12:00pm
272 Views
Post# 27644481

Sad..

Sad..How many, can't see the forest through the trees.  Oil has gone from $26 to $66 per barrel and all Oil & Gas companies are close to, or at there 52 week lows.  Wake up people!  The commodity is dead.  I argued against EV market infiltration, which I still beilieve will be slow, BUT I how now realized that even a 10% market infiltration will destroy demand for gasoline, and oil.  Beware of bulls on this and all other sites claiming that this (and all other O&G stocks) will double in the coming year.  They are likely paid posters working for the large financial institutions who themselves are slowly liquidating all oil & gas stocks whiile during this mass liquidation are brainwashing the retail sector into thinking there is a future in the same stocks they are selling.  I am not short, just out for good and trying to get through to anyone who doesn't want to be taken advantage of.   There are MANY other sound investments out there.
Bullboard Posts