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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 > Su 3 years ago $55/share with oil at $65-$70 per barrel
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Post by w8asecon Jan 11, 2022 11:43pm
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Post# 34306649

Su 3 years ago $55/share with oil at $65-$70 per barrel

Su 3 years ago $55/share with oil at $65-$70 per barrelPerfect storm brewing perhaps...

Certain catalysts good and bad that may occur.

Good;

The world decides Covid is now just a common cold and refuses to track it,
People want to work, accumulate wealth, travel, let loose again.
Oil is accepted as a part of the lower carbon future's transition goals.
SU enters into a large strategic merger/purchase

Bad

Major power/oil producer invading another country
South China Sea escalation

Let's hope for good,
However Status Quo looks to be getting us there, slow and steady.


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