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 > Thank you market.

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Comment by Chris007on Feb 04, 2021 12:22pm

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Post# 32471055

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thank you market.

I agree with your optimism, which is why i still own the name. My response about eps is to the other guy who for whatever reason believes that the company turned in a positive eps, which is ironic considering how much he is harping on about the financial statements

prophetoffacts wrote: "Where do heck do you see a positive EPS...it came in at -0.11, net loss 168 million"

The big thing is SU covered its sustaining capital requirements and the dividend at oil prices far below that required by the industry. In a war of attrition SU comes out a winner and can enjoy the subsequent oil price boom.