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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

Post by Wynjoeon Oct 07, 2021 2:34pm
273 Views
Post# 33983287

Trans mountain completion...

Trans mountain completion...
is expected at the end of 2022. Combine this with covid coming under control and Suncor has an extremely strong looking future. Even if some funds will continue to shun oil and gas,many could not,and will never stay away when cash starts piling up and dividends start increasing. With an increased stake in West White Rose and Terra Nova back in play, eastern Canada will give some cleaner barrels of oil to Suncors portfolio of assets. VERY STRONG BUY!!!
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