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 > Oil Prices and The Economy

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Post by Experiencedon Mar 07, 2022 6:44pm

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Post# 34492958

Oil Prices and The Economy

Celebrate higher oil and stock prices now but watch out below!!

These high oil prices could sink the world economy and gut asset prices going forward.

Newton's Third Law

For every action there is an equal and opposite reaction.

My advice....be careful out there and think about taking some profits!!!

As the old Wall Street adage goes..

"Pigs get slaughtered"

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