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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 28, 2022 8:04am
162 Views
Post# 34466866

Ukraine Russia Talks

Ukraine Russia TalksThey are happening right now.

The Ukrainian delegation is headed by the Defence Minister and Deputy Foreign Minister.  Don't know who is there from Russia.

Ukrainian starting position is a ceasefire and withdrawal of Russian troops which comes as no surprise.  The big question is what the Ukrainians are prepared to offer in return.

Just guessing, but I would expect that the Russian position would be immediate surrender by the Ukrainians.

Been told that bombing in the Ukraine is continuing as they are meeting albeit at a sporatic and lessened volume than in the past few days.

Right now it appears that Wall Street wants to keep the stock market panic alive and are pushing the market down in the futures market.  We could see a big move later today one way or the other depending on the nature of the news coming out of the meeting between the Ukrainians and the Russians.
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