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 > In July of 2020,wti was just over $44.00

<< Previous

Bullboard Posts

Next >>

Comment by MiningDon Jan 07, 2021 2:29pm

440 Views

Post# 32244067

RE:RE:In July of 2020,wti was just over $44.00

I've moved this to my second largest position in my TFSA.. If you're patient a double isnt impossible in the short, or medium term. Either way a great place to sit and wait for valuation correction.

I think we all have to be real that there is prob a ceiling on oil for a few years with huge reserves and dialed back capactiy, but we dont require higher prices to justify CAD$40/share

<< Previous

Bullboard Posts

Next >>

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal