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 > SU Still in Penality Box

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Post by angelnickyon Apr 05, 2021 7:19pm

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Post# 32939211

SU Still in Penality Box

SU still in PB because of CEO cutting div
May be years before SU recovers back to 1.88 div but at that time EV will be here.
Monty Fool anal did say SU did have a risk of going to zero in the future
Saudi A have SU strings and control the stock price with price control
When Iran gets on board you may see SU and all other ol stocks drop with SU going to 15
Its a risky business in the oil industry with so many uncertainties.

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