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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 Wynjoeon Mar 02, 2022 8:09pm
204 Views
Post# 34477333

Greatest reason to buy Suncor..

Greatest reason to buy Suncor..We are a Canadian oil play,nestled in the heart of Alberta,with oil prices that will continue to remain high in 2022.This Russia/Ukraine war will insure oil production problems,(sad but true),and with the end of covid, the rest of the world will be insatiable with infrastructure, roads and people wanting to relax at many tourist destinations. Strange footnote...............? The whole world shuns Russia with sanctions, but China continues its trade with Russia, We trade with China,so in essence aren't we still just trading with Russia through the back door?
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