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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

Comment by MaximusGainuson Apr 27, 2022 2:33pm
217 Views
Post# 34636416

RE:RE:RE:Anticipate Great Results - $50

RE:RE:RE:Anticipate Great Results - $50You could do a pairs trade if you feel that strongly about it. 
Short SU, and take the cash and go long CVE or CNQ. 
If the others perform better than SU, you win. 
Be prepared to put up the cash for the SU dividend every quarter.

Me? I'll stay long SU.

Alphaseeker1973 wrote: You can be sure they have some unexpected bad news for us...they are the worst management team  out there and the share performance over the last few years proves this.   CNQ, CVE and practically ever other oil company has outperformed SU and it is all due to Little and the BOD's gross incompetance.  These guys should not be managing a 7-11 let alone what should be one of the leading energy companies in the world with the assets they inherited.


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