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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

Comment by autofocus111on Feb 27, 2022 11:56am
142 Views
Post# 34465679

RE:The Chess Game Continues

RE:The Chess Game ContinuesEx I agree, with the caveat that even in the event 'peace' is reached fossil energy prices will remain high for many months. Energy production policies and more importantly the lack of investment in new production over the last several years practially assures supplies will remain constrained. The only thing that would cause prices to tank short-term is lower demand from a global recession.
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