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 > JP Morgan see WTI at 150.00 in 2023

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Comment by Form001on Jan 31, 2022 8:03am

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Post# 34377598

RE:RE:JP Morgan see WTI at 150.00 in 2023

If we look to the average price of WTI from 2005, it's around 60.00. If we considered the inflation, a price between 80.00 to 100.00 is just normal. A peak at 150.00 till 2023 for a short period of time can happened like in May 2008 at 127.35. With an average price of around 90.00, we are in big business but for now, it's only speculation. With a price of 90.00, SU share price can top easy over 100.00 with buying back more shares and pay debt. https://finance.yahoo.com/quote/CL%3DF?p=CL%3DF

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