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.

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Suncor Energy Inc > 3 Trading Days

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Comment by OILSPECTATORon Mar 10, 2021 11:08am

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Post# 32762601

RE:3 Trading Days

Two trading days left...cover as necessary lads (IN MY OPINION ONLY)

OILSPECTATOR wrote: 2nd day selling in SU, the lows:

Expected low $25.75
Extreme low $25.34
Close anywhere in between

Third Day Buying (Monday March 1st) with prices range bound between $26-$27 until the OPEC+ meeting March 4th and resultant market interpretation Friday. Saudi Arabia has "urged" fellow members of OPEC+ to remain cautious as they prepare to consider further output increases. Thus, testing June $28.82 high in SU would occur between March 5th - 12th.

FWIW, and posted in MY OPINION only.