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.

TSX:SU - Post by User

Suncor Energy Inc > Oil goes up SU goes down...

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Comment by Experiencedon Oct 22, 2021 10:42am

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Post# 34037242

RE:RE:RE:RE:Oil goes up SU goes down...

Obscure1 wrote: A chimp could make the decision to buy back shares in this market.

The market doesn't reward chimps. The market rewards creative thinking, well thought out and executed business plans, and bold decision making.

SU is sticking to its five year plan to lower costs which is admirable, but the market hasn't seen anything creative or bold for a long time.

Yep

The market is paying and probably overpaying for creativity and imagination. Financial engineering is generally boring unless you an accountant.

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