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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

Comment by Whocares2020on Feb 22, 2021 1:50pm
197 Views
Post# 32627752

RE:averaging down

RE:averaging downwhere is the diviersisfication?  your holdings are all positively correlated......

I dont know risk tollerance, networth, age and income.

Manulife is a rock star
Fidelity Tech Innovators if you dont know jack about tech but want exposure....fund manager of the year last year....

ROBO if you ever get a pull back (5% tops) in allocation (my top etf up 97% including currency which did lower overall returns
preferred shares? CPD
Europe? try invesco Europlus
Global small caps? up huge....check out invesco global small companies
what about XRE for a contrarian....reit index again 5% weighting
Inveco emerging markets

U.S may be a slow grower for some time once the dust settles, but should have 10-20% in it.  why not an etf or 2......

DIVERSIFY!

with energy, get a good large cap oil name, good mid cap nat gas name and find a good beta torque name like POU or crew....

heck, buy a gold too.....KL for dividend and cheap valuation...again 5%

this way you take the guessing out and let the next trend com to you instead of chasing....GL


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