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.

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Suncor Energy Inc > If this sets the tone for Monday...

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Comment by MaximusGainuson Nov 29, 2021 7:38am

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Post# 34174942

RE:RE:If this sets the tone for Monday...

I did. All in. Full margin.

Friday was a gift. Always lots of opportunity on a US holiday day when most are away and liquidity is scarce.

Did anyone else take advantage of the mispriced HEU.TO double bull on Friday's open?
Algos of the fund really missed bad setting the price incorrectly, way too high.

I'll bet it won't happen again this morning.
It was free money for about 60 seconds till it caught up to the real price. Sold and bought back. LOL!

I have a medium interim target in energy of a 50% retracement upwards from Friday's close, then chop sideways till Dec 2 when we will get more clarity regarding OPEC+. Then a slow march upwards the rest of December as many return to the market for FOMO.

mrbb wrote:
who bought the dip on friday?

Sunday night, oil up

prophetoffacts wrote:

@BNODesk

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