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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 NPCexeon Jun 02, 2021 2:13pm
164 Views
Post# 33311892

RE:Thinking of selling out

RE:Thinking of selling outLove the replies, but the general message is valid: the reason I complain about SU is that it may be a larger, but it is safe because of cash flows. That in my opinion is a fundamental factor in deciding where to invest your money. SU has shown that it is trying to position itself for another potential oil crash by refining its operation and paying back debt in case this crash happens (which seems less and less likely). Ask yourself when investing: can BTE and others perform as well as SU in a potentially challenging environment?
Sexp1stol wrote: Should I sell out and move my money to BTE? Or just hold it cash


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