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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Farmer12on Nov 27, 2021 8:49pm
170 Views
Post# 34172919

RE:Thin trading Friday. Market will recover Monday

RE:Thin trading Friday. Market will recover MondayGenerally speaking, I agree with you. I loaded up on Friday, for better or worse. The reports I read suggested that this variant produced fairly mild symptoms, including a slight cough and an urge to buy Suncor shares. As you mentionned, the trading was very thin on Friday due to the U.S. holiday, which probably exaggerated the pessimistic momentum in the market. Next week will show us if the cat is still alive, bounces slightly or twitches and rolls over, paws in air. There must have been serious algos, options, margin calls, voodoo and drunkenness to deliver such panic, wild selling pressure. I think it was overdone and that is why I added to my stash.
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