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 > JPMorgand downgrades Suncor

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Comment by Lupuslupuson Feb 06, 2022 8:22pm

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Post# 34403130

RE:RE:JPMorgand downgrades Suncor

In self serving interest, I bet JPM is buying
Even if at this point in time, they are not at peak efficiency, the amount of cash they are printing is absurd
Even if they are not going to be getting premium valuation, there is no doubt SU will continue on an upwards tradgectory along with the energy sector

The last couple of days is a buying opportunity
Buy and hold for 12 months - then reevaluate

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