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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 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.


TSX:SU - Post by User

Comment by Oldnaggeron May 20, 2021 6:36pm
445 Views
Post# 33245499

RE:CIBC analysts sets 12 month target at $40

RE:CIBC analysts sets 12 month target at $40Seems like a safe call , back to pre-covid pricing. Unless SU has been permanently impaired some how. A lot of the upstream competition is back or above pre-covid. Exceptions are Noteably SU and VET, both of whom cut their dividends. SU is much more affected by what happens in Canada due to their size-able downstream. Once the Canadian economy gets off its backside, SU should do better than most.
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