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 > That's Right Up There With QE Propoganda From Bank of Canada

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Comment by RagingBull3on Apr 20, 2022 3:56pm

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Post# 34617802

RE:RE:That's Right Up There With QE Propoganda From Bank of Canada

Problem is.... Near Zero, or even NEGATIVE rates is just rediculous. Rates manipulated far beyond what a "Reasonable RISK/REWARD" profile the "Real" market would normally accept.

You have a player that prints money buying in the open market. That totally distorts the "Risk/Reward" profile.... When you can print money from thin air, what's the risk?????

You and I, on the other hand, can't print money out of thin air, so there's a REAL risk....

Risk/Reward(yield)..... totally out of wack.

You have CIBC offering GICs yielding 3.5% !!!!! LOL.

All just my opinion/view/thinking

Experienced wrote:

RagingBull3 wrote: With them basically saying they are buying Bonds in the open market to "support Liquidity" and market function.....

My interpretation...... Bank of Canada helping the 1% unload their bonds because nobody in their right minds would buy bonds yielding near Zero %.

All just my opinion/view/thinking.

Actually that is not true.

If you believe interest rates are going to go down then the price of the bonds go up and you will make money if bought the bonds and interest rates fall.

That said, in the current environment, the balance of probabilities is that interest rates will go up which means that bonds are not a good investment right now.