Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Experiencedon Mar 11, 2022 7:06pm
237 Views
Post# 34508257

RE:Extra Cash Flow

RE:Extra Cash Flow
MigraineCall wrote: I am going to sleep tonight smiling, comforted by the fact that every second, every minute, hour, day, Suncor is raking in huge extra cash flow from it's refining, and marketing divisions due to today's stellar oil and product prices. 

Every 159 litre bbl of oil that goes through the entire process now creates around $300 worth of product at today's retail pump prices, before costs.

Oil companies that are vertically integrated like Suncor from mine to pump are going to have a hard time hiding this massive elephant in the 22Q1 results, and it will be compared with much lower price forecasts. Earnings are only a few weeks away from today. 

Crude Oil: every 159 liters barrel of Crude oil produces the following:
* 73 liters Petrol
* 36 liters Diesel
* 20 liters Jet fuel & heavy fuel oil
* 6 liters Propene
&
* 34 liters of other products (Butane, Asphalt & Sulphur)

Remember just a little while ago, when share prices were just a little bit lower?

Every day above $60 WTI was considered a good day.

Have a good weekend all, and don't forget to turn your clocks forward Sunday.



yep

Do they do that in Thailand?

<< Previous
Bullboard Posts
Next >>