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 > Perception

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Post by Farmer12on Jul 29, 2021 11:31am

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Post# 33623310

Perception

Results overall were good. This company has great FCF with $70+ U.S. WTI. All forms of energy at this point in time are very valuable. Q3 should be even better than Q2. Volume petered out just before 11 a.m. and we might see a slow climb up from here. The way Suncor is printing money it is hard to see much downside from here, but in the short term, emotion can drive the market.

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