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 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

Suncor Energy Inc > WTI at $67.38US

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Comment by NPCexeon May 27, 2021 11:42pm

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Post# 33284091

RE:RE:RE:WTI at $67.38US

The Saudis and Buffet have already dumped their shares, so no that is not presently happening. This must be someone else joining in on the dumping

graduallygetthr wrote:
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.