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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 thegreattimarioon Mar 15, 2022 7:38am
200 Views
Post# 34514184

Gonna be ugly!!!

Gonna be ugly!!!Hopefully oil bottoms out at around 90 a barrell and holds i think this is a good price for the market both consumer and oil companies. I see su stock potentially retreating to th 36 range even though this is extremely undervalued the market has decided this is the ugly sister until it can prove quarter after quarter of near perfect results. A small divy increase next quarter would shoot and keep this dog over $40. If no divy increase inexpect the sp to languish in the mid 30 range for a while.
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