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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 RJboxeron Oct 23, 2021 6:33pm
193 Views
Post# 34041294

RE:RE:RE:RE:Everyone curious what SU will do with all this $$$...

RE:RE:RE:RE:Everyone curious what SU will do with all this $$$...Bingo! Forget virtue signalling into green solar and wind.

Suncor's stock has lagged that of other drillers, and I suspect they are quite happy as they are buying back boatllaods of depressed shares. Their earnings are going to beat estimates IMO, and in addition to share buybacks they should raise the dividend and reduce debt. 
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