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 > Crack spreads still huge / oil averaging $108 USD March

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Comment by Bigbear7405on Mar 31, 2022 11:57am

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Post# 34563245

RE:Crack spreads still huge / oil averaging $108 USD March

What are the crack spreads now for refining and where do you find this information?

Clemxb7 wrote: Crack spreads still huge (usually less than $20.

Oil averaged $108 USD in March. $95.15 for Q1.

Huge quarter coming up. $55+ stock price warranted.

I would think revenues should be up between $2.0 and $2.5 billion (CAD) Q1/Q4. Thats over and above the previous monster quarter.