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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 555rookie555on Feb 04, 2022 5:42pm
264 Views
Post# 34399785

Value investment

Value investment
I've only been trading for a couple years so I could be wrong but I've been choosing stocks based on fundamental need of the product/service and value of the company PE. I'm glad to be holding Suncor because it seems to be priced the most affordably and there's nothing wrong with the company. In fact they have the best refineries, are vertically integrated, and have long term assets that have all been maintained in 2021 that will keep pumping money. I see more upside potential than downside risk unlike the other oil companies... Also Canadian Natural is known in the patch to have the least experienced operators, least safe roads, etc so I personally like supporting the companies that do things right and make decisions for the LONGTERM. Maybe I'm just less greedy but I think if people made long term decisions in managing companies the world would be a bit better of a place to (especially) to work in and to live in. These are my thoughts, let the sharks of wall street do as they will if they choose to feed the short term decision making beast.
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