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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

Comment by Chris007on Jul 14, 2021 3:49pm
111 Views
Post# 33543793

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

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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