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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 Experiencedon Feb 25, 2022 8:34am
280 Views
Post# 34460822

Big Turnaround in DOW Futures - Why?

Big Turnaround in DOW Futures - Why?Another wrinkle in the ongoing saga.

The Ukrainian President contacted Putin to suggest a meeting with the Russian to discuss possible Ukrainian neutrality.  Putin agreed and a meeting is being arranged in Minsk, the Belarus capital city.


The futures market is reflecting optimism that some sort of agreement might happen to end the conflict.

Will this meeting (if it actually happens) result in a negotiated settlement?


Who knows but it adds to the day to day volatility of the sitaution and the market reaction.
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