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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 Indicatoron Oct 25, 2021 12:26pm
265 Views
Post# 34045547

RE:RE:RE:opinion - Trading account

RE:RE:RE:opinion - Trading accountMy rough opinions only ....

I believe all the brokerage houses are under some stress to manage the huge influx of new customers flooding online during the pandemic. I am told TD has almost tripled subscribers through the pandemic!  TD's $9.99 commissions are expensive/old school and don't reflect the market trend but there is a comfort level having in person branches to house your cash close by.

Questrade is quite highly regarded by many but they don't seem to have much flexibility in their active trading platform data feed pricing.  Their basic web platform and mobile app seem to be quite liked.  Trades are .01cents/share / $4.95 minimum if memory serves (ECN fees may be an issue), but I have not used them.

I note that National Bank has an upgraded web trading platform and their commissions are now, wait for it ...  0$ !!!  Their Market-Q real time platform seems to compete well with TD's Active Trader but I have not used it (yet).

Virtual Brokers seem to be focusing on active traders and last I looked seems pricey.

Interactive Broker's realtime platform offers sophisticated access to world market but comes with some learning curve and may be overkill for many.

Have no idea about Royal, Scotia or Commerce banks trading but on paper at least, I'm not impressed.  Q-Trade  did not impress me.

Some more opinions:
https://www.moneysense.ca/save/investing/best-online-brokers-in-canada/

Good luck.



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