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 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.

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Suncor Energy Inc > One would think

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Comment by Chris007on Jun 17, 2021 1:14pm

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Post# 33404960

RE:RE:One would think

Obviously, its not just energy stocks that are affected by the surprisingly hawkish FOMC statement yesterday, which moves up the timeline for rate hikes. Basically all commodity stocks are getting slammed, today.

topdown99 wrote: Today's selloff makes no sense , does anyone really believe that anything Powell said yesterday will effect anyone's travel plans ? Demand is strong and getting stronger , nothing will stop people from enjoying their renewed freedom to dine out , socialize or travel .

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