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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

Post by Cheadle12on Jun 11, 2021 12:21am
325 Views
Post# 33370535

Suncor has to buy Nat Gas

Suncor has to buy Nat Gason the open Market.. $3+ AECO.. their costs go up.

They should have picked up a Painted Pony for Nat Gas supply for the cogen project and their base plant power requirements.

Too late Suncor, now you pay higher nat gas prices which increases your costs.

Always a bit late to the party this name.  CNQ is much better and it shows in the stock price.
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