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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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

Comment by firstworldon Feb 02, 2021 7:14am
146 Views
Post# 32444738

RE:Most energy stocks up, SU down

RE:Most energy stocks up, SU downBP just posted a USD 5.7 BN loss VS 2019 profit of 10BN. One would think as an international player with exposure to the 4-5 BN people NOT under facist lock downs they would be in the best possible position vs SU completely exposed to 1930s Germany ghetto lime lockdowns. I guess SU got a ton of welfare that funded the buybacks haha quote=NPCexe]
how is this possible?! This q should be stellar, reflecting the increase in oil prices, yet the market is reacting as if the quarter will be abysmal. Something is not right here[/quote]

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