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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 Wynjoeon Feb 15, 2021 8:25am
220 Views
Post# 32567418

Wti nearing $61.00 ...WOW!!!!!

Wti nearing $61.00 ...WOW!!!!!Nobody saw this coming for Feb.15/2021.Suncor is a cash cow at these oil prices.With more covid vaccines developed daily,and the world longing for travel and leisure destinations,after boring lockdowns,people will spend like crazy to rid themselves of all these restrictive measures.First quarter,2021,is more then halfway gone with oil prices way beyond anybodys expectations.After transmountains construction completion,coinciding with travel growth, (post pandemic),and throw in all the indefinitely cancelled oil and gas projects,OIL HAS ITS DAY COMING!!!STRONG BUY AND HOLD!!!!
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