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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 PabloLafortuneon Sep 02, 2021 10:58am
211 Views
Post# 33800517

RE:So quiet here

RE:So quiet hereI for one decided to stop whining and voted with my dollars... - in the account that made sense I sold SU and bought CVE which allows me to stay long Canadian oil sands..... And since then I'm ahead. The stock though has now settled down (to a much lower level unfortunately) and now moves along pretty much with the others (CNQ, CVE). I still get a bad vibe about Suncor. A sense of deja vu. I had a lot of IPL way back and when they FID'd Heartland, I should have sold then and there. But I didnt. Whereas for Suncor I sold the half that I could after Q2. In that sense I am grateful for the buyback otherwise I would have probably lost even more.....Mind you, they may have better quarters ahead and outpace their peers but long term...GLTA.
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