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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.


TSX:SU - Post by User

Suncor Energy Inc > SU: A takeover candidate?
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Comment by Oldnaggeron Aug 24, 2021 11:58pm
153 Views
Post# 33759527

RE:RE:SU: A takeover candidate?

RE:RE:SU: A takeover candidate?Institutional Investors usually do not worry about short term share prices, in fact they are probably happy to see the buybacks at these cheap prices. The Institutional investors do care about take over  offers. I suspect the share price would need to be seriously bid up .
Not to mention that Suncor with its PetroCanada brand is an Icon and probably political dynamite.
With another minority government in the cards ,I would seriously forget about takeovers for a while !!
I do not understand your reference about IPL and Asian markets ,isn't that done by TMPL?
Also is not IPL a common carrier ?
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