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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 Clemxb7on Feb 16, 2022 11:05am
217 Views
Post# 34433734

So far WTI averaging almost $10 higher Q1/Q4

So far WTI averaging almost $10 higher Q1/Q4I'm not sure anyone wants talk Suncor here because politics is the overwhelming focus?

Anyhow rough calculation says oil prices so far this year are averaging almost $10 higher (~$87.78 USD) than Q4 ($78.29 USD).

Right now the trend is up.

Who is selling SU? 

We may be in a sweet spot where a lot of price appreciation may take place in a short time.

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