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.

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Suncor Energy Inc > Divy yield keeps rising, back to 3%

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Comment by Chris007on Jul 14, 2021 3:49pm

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Post# 33543793

RE:RE:RE:Divy yield keeps rising, back to 3%

The so-called ban is on NEW ICE cars and light trucks by 2035, not existing...obviously theres still going to be a decent number of ICE vehicles on roads for sometime after 2035

https://www.reuters.com/world/americas/canada-ban-sale-new-fuel-powered-cars-light-trucks-2035-2021-06-29/

That being said, such a ban is probably unneccesary...most automakers are already shifting production substantially towards EVs anyways

Tommy123 wrote: Honestly. I think we'll be back into the teens once the elections happens, and ICE vehicles are banned far sooner than anyone can imagine...

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