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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

Post by liljohnnyjokeon Jan 26, 2022 11:08am
258 Views
Post# 34362273

BOC Rate Hikes

BOC Rate HikesSeems like in the past in a rate hike environment Canada has always raced ahead to raise rates faster and higher hikes of 0.50 ahead of the US who then holds back and when raising does it lower and slower hikes of 0.25. Leading to a Canadian recession and a US boom economy over the next couple of years.
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