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.

TSX:SU - Post by User

Suncor Energy Inc

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Comment by casino_royalon Sep 30, 2020 5:37pm

252 Views

Post# 31646145

RE:Stock price

Tommy123 wrote: I hold SU stock. But with Tesla soon coming out with a $25k car with a 600km range, along with soaring gas prices in the next few years, I suspect that within five or ten years, the oil sands will cease to produce, considering they are a high cost operation. Institutional investors are realizing this now, and bailing on oil stocks. SU could be a $5 stock within a few years IMO.

agree not just tesla rollout of every car manufacturer now has several electric models. It doesnt even matter is oil is consumed anymore its market sentiment going forward. Markets going up but oil stocks keep sinking, short the rallies they're short lived. move on to another sector gl

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