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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 Speedyon Aug 21, 2021 12:20am
285 Views
Post# 33744425

RE:SU down again

RE:SU down again

What do the big funds want. Suncor knocked earnings out of the park, the market has punished them daily since the release. This stock has lost over 30% since earnings release. 31 down to 22  

This is not retail investors dumping this stock. It's big funds. I'm at a loss on how low they have driven this stock down. 

Suncor has produced on all levels, therefore the only thing left for an explanation on this downfall has to be the lack of dividend increase. It's the only thing that would create this landslide. 

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