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 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.

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Suncor Energy Inc

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Post by RedeyeGarf2on Feb 13, 2021 12:46pm

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Post# 32561958

B/E is $35/US a barrell

Oil prices needs to above $45 US ...for a period of time..and SU will rise in its price. Why buy ...because oil will still be needed in the next 10-20 years, Oil companies will only maintain production (stop expanding) ...there will be consolidation in the industry. Oil will become the new Tobacco, profitable ..strong cash flow ...until people stop smoking or stop using gasoline etc

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