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 > Is energy the new toilet paper?

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Comment by Co2Harveston Oct 03, 2021 9:14pm

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Post# 33959433

RE:RE:RE:RE:Is energy the new toilet paper?

Goodness me, I'm a little depressed. Your thoughts on insecurity of the electrical supply gave me an idea to look at Generac (GNRC) as another possible investment but alas, it seems that I'm about 3 years too late to that party.

Experienced wrote:
Indicator wrote: How reliant most are on the power grid ! Texas was an example of how fast things can go south.

Did you hear the rumour of a new Candle ETF! ;-) ;-)

What happened in Texas is a good example.

My overall sense of the future is that with the likely screwups by politicians and the impact of climate change and the trend towards EVs is that there will be an increasingly likelihood that there will be stresses on the grid and that companies will be looking at ways to protect themselves from insecurity of of the supply of electrical power.

From an investment point of view I have been looking at opportunities where the companies are finding solutions to this problem and investing in these companies.