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 Khersonon Mar 31, 2020 12:03pm

188 Views

Post# 30864420

RE:RE:RE:SU will be a great buy at $5

Nessrookie78 wrote: This is different

a) We just reached peak oil
b) tech has unlocked new oil reserves the world didnt think possible to extract 20 years ago

the game is over for the O&G industry

we are watching algo driven rally trying to suck in retail money just before all the companies start to fail

Ness I am trying to understand what you just posted? First of all, are you saying that we have reached peak oil production, or peak oil demand?
Second, if technology did indeed unlock new oil reserves that are now possible to extract, would that not mean that the O&G Industry will stay in business?
Thanks,
Kherson

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