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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 Experiencedon Oct 13, 2021 7:09pm
236 Views
Post# 34003272

Thanks Obscure!

Thanks Obscure!As an investor in SU, your posts illustrate quite clearly that today's politicans will screw things up through their haste to deal with climate change.

It's the old adage "haste makes waste".  Based on the political haste and unrealistic targets, there is no question that the rapid transition that they envision wil result in problems and unattainable targets.

Given this fact, what is the best investment approach?

Let the zealots bid down the price of oil stocks like SU and continue to invest in them and be patient.  If you you do this you be handsomely rewarded!!
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