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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 mrinvestoron Jul 14, 2021 3:57pm
217 Views
Post# 33543839

RE:SU and OIL

RE:SU and OILI went through the exact same thing with Barrick Gold, they made so much cash that they literally had to give some away in extra one time dividends, incredible balance sheet, no matter what news happened here and abroad, gold spot price up or down, USD up or down, the stock just continued to drop day after day -35% over all. The days of trading purely on fundamentals can be a mistake in my opinion.
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