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 > This is SU's plan ... So I am holding to it.

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Post by Fishermenon May 29, 2021 10:03am

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Post# 33292295

This is SU's plan ... So I am holding to it.

But in 2021, our focus is sticking to our plan and executing independent [of the] share price. If the price stays like this, were going to make enormous progress in paying down our debt and buying back shares. After they done debt repaying and share buyback, they will make SU pop to 40s within weeks if oil price stays 55+. Just don't dump SU and jump onto 40$/share IMO or CNQ, you will regret for another miss. Or we should choose something else other than O&G.

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