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 > Short data and covering

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Comment by Obscure1on Jan 04, 2022 10:28am

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Post# 34281410

RE:Short data and covering

w8asec:

Thanks for the link.

I was struggling to understand a 1.4 billion share short position on Dec 15 which was equivalent to the entire float of SU

When I clicked on Suncor on the Shortdata.ca link, it turns out that the short covering was $1 billion, not shares. Still a big number as that means the pros covered about 30 million shares in the two week period.

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