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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 Lilchmuckon Jul 16, 2021 3:49pm
277 Views
Post# 33561037

RE:RE:RE:RE:Shaking the tree

RE:RE:RE:RE:Shaking the treeLiterally every analyst has this as a hold - buy - or overperform, there isnt a single sell recommendation but okay... OPEC was at the heart of this drop not the dividend and it's looking like they agreed to a bridge deal that provides some stability until the end of 2022. The overall market has been bleeding too, SU might drop a little more next week but will undoubtibly recover via their earnings. This is actually a great entry point, and indeed is not trying to catch a falling knife lmao  
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