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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 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

Post by Clemxb7on Feb 09, 2021 9:44am
218 Views
Post# 32511357

Oil now 32.5% higher than 2020 4th q average

Oil now 32.5% higher than 2020 4th q averageOil now higher in price than 12 months ago when SU was at ~$40.00 (CAD $). SU now pretty underpriced.
 
Also oil is about 32.5% higher today than the average price - $43.64 - for 4th Q 2020. (Y charts).
 
The above is just not yet priced in.

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