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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 maramos98on Sep 14, 2021 11:33pm
205 Views
Post# 33860061

RE:RE:SU Nat Gas

RE:RE:SU Nat GasFrom Q2 report: Suncor has updated its full-year business environment outlook assumptions for Brent Sullom Voe from $63 (U.S.) per bbl to $68 (U.S.) per bbl, WTI (West Texas Intermediate) at Cushing from $60 (U.S.) per bbl to $65 (U.S.) per bbl, WCS (Western Canadian Select) at Hardisty from $48 (U.S.) per bbl to $52 (U.S.) per bbl, New York Harbor 2-1-1 crack from $17 (U.S.) per bbl to $18 (U.S.) per bbl and AECO (Alberta Energy Company)-C Spot from $2.50 per gigajoule to $3.50 per gigajoule, due to improvements in key forward curve pricing for the rest of the year. As a result of these updates, the full-year current income tax expense range has increased from between $1.0-billion and $1.3-billion to between $1.2-billion and $1.5-billion.
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