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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 Wynjoeon May 27, 2021 12:54pm
72 Views
Post# 33276238

RE:Is Suncor trying to be something it is not...

RE:Is Suncor trying to be something it is not...
Suncor will spend all its future income,and more,trying to establish itself as a green energy wanabee.Nothing wrong with windfarms and hydrogen,but Suncor already has its cash source..oil.Play the hand your dealt,and keep that strategy and stick to it. Suncor may do ok with transitioning but WHY????We are sitting on billions of barrels of a commodity that will still be sought after for decades to come.
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