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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 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

Suncor Energy Inc
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Comment by materialsgirlon Sep 14, 2020 6:54pm
295 Views
Post# 31557374

RE:Suncor trading same level as -$20 crude

RE:Suncor trading same level as -$20 crude Yes.  The share price ~$70 (also $70 in USA funds) a dozen years ago.
It was a different world then with oil up to $147

It was a different company back then as it had not yet bought Petro Canada.

Oil consumption is on a 30 year journey from 100 million 
barrels per day in 2019 to a mere 50 million barrels per day in 2050.
This is the broad context.  We should not dwell on selective  short term details or we will lose

Oil shares are no longer suitable for your granny's pension.

Also, 6 months ago, the share price dropped to $14 Canadian.

mat
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Dealroom for high-potential pre-IPO opportunities
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