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 > Elliot Management

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Comment by autofocus111on Apr 28, 2022 5:47pm

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Post# 34640450

RE:Elliot Management

Funny how they put a full upside target of $68 on the stock. That's pretty much the ATH (in botb CAD and USD) hit back in 2008.

>>>Suncor should review whether it can unlock the value of assets outside the oilsands business, including its retail network of gas stations, Elliott said. The “full upside” of a restructuring plan would put Suncor’s share price at $68, an increase of more than 50 per cent from Wednesday’s close, the firm said in a presentation.

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