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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 satchmo6on Mar 07, 2022 4:43pm
197 Views
Post# 34492564

RE:Oil price is still to go up… how much?

RE:Oil price is still to go up… how much?Canada’s main stock index saw early movement on Monday, given the rally in energy shares to a high not seen in five years on the back of the rise in oil prices, but that 100-point lead came crashing down by market's close. The conflict in Ukraine deepened amid mounting calls for stiffer sanctions against Russia, global markets continued their trend south. The price of gold briefly jumped above $2,000 an ounce as investors bought the precious safe haven metal in this time of crisis
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