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.

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Suncor Energy Inc

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Comment by mbuchon Jun 27, 2018 11:18pm

304 Views

Post# 28242276

RE:Simple Calculation

TheEgyptian wrote: The cost for Suncor is $25/b and today the WTI is $71b USD or ~94/b CDN,thus a difference of $70/ profit goes to Suncor.Yes there are other expenses,including Capex,etc....but the picture is very rosy.Imagine oil at $8USD

However, Western Canadian Select is much lower than WTI. But I still think Suncor makes good money at these levels. Syncrude plant down will hurt next quarters results for sure though...

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