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 21, 2022 8:29am

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Post# 34619437

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

Experienced, so you are saying that you would buy bonds yielding near ZERO just because Bank of Canada may push the price even further up?????

Sorry, but I stand by my comment. You got to be out of your mind to have bought bonds yielding near Zero in hopes of price increases further. You are relying on exactly what you have been complaining about.... Unreasonable Market Manipulation.... to profit off of.

Buying Bonds yielding near ZERO is betting on STUPID. Betting on continued unreasonable market manipulation.

But STUPID seems to be running the show..... The whole market is becoming a GAME STOP casino. TRUST, Fundamental investing....all gone out the window.

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.