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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 graduallygetthron May 27, 2021 7:59pm
127 Views
Post# 33283487

RE:RE:WTI at $67.38US

RE:RE:WTI at $67.38US

You're kidding, right? Do you have any idea how many millions of shares are being off-loaded by the Saudis and Buffett? That's why shares haven't jumped. 

Do you blame all your problems on politicians, or only when you don't take the time to educate yourself on an issue? WCP barely budged at all today as well, is that JT's doing? Get a grip. 

WCP needs to make sure they focus on debt reduction and efficiencies. As for SU, it also has something to do with congestion of exports. Blame Whitmer. Her actions against ENB are far more destructive. 
 

SU gettting into green energy is not the answer either, imo. They need to pay down debt and they buy back shares, while ensuring they are firing on all 8.

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