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

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Post by RagingBull3on Feb 28, 2022 1:38pm

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Post# 34468349

Target.... Starting Pay $24/hr for some jobs!!!

Target boosts its starting pay for some jobs to $24 an hour - CNN

Can you say.... INFLATION !!!

$100 oil isn't going to cut it I think.... $150 needs to be the new norm probably.

I remember reading article saying that even at $200 oil, some majors wouldn't plan big spending for production expansion.... I'm guessing that's code for COSTS are too expensive.

All just my opinion/view/thinking.

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