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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 Wynjoeon Apr 20, 2022 11:04am
265 Views
Post# 34616444

Takeover bid for Suncor...

Takeover bid for Suncor...This takeover bid was expected.Suncors s/p has lagged others and investors had to see that with oil futures spiking and holding many companies could add great assets and value with a takeover of Suncor. With debt paid down and shares drastically reduced and incoming cash maxed out, shorters surprise will be phenomenal,at least these are future news that I expect to hear soon if Suncors S/P stays this low.Goodluck,BUY SUNCOR TODAY!!!!
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