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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 Karl63on Apr 28, 2022 10:07pm
317 Views
Post# 34641000

RE:RE:RE:RE:RE:Can someone explain this to me?

RE:RE:RE:RE:RE:Can someone explain this to me?One of the reasons that I sold half today was because of a disturbing recent memory.  It was just a few weeks ago that BAM.A took a quick run from its then typical $68-$72 price range to $79 and change, stayed there for what seemed like 10 minutes and then dropped like a stone.  Something about management suggesting they could parcel off the company to "unlock shareholder value".  Anyway, it continued to drop, was recently $65-$66.  I was a cheerleader all the way up . . . but not on the way down.  Foolishly, I stood my ground and "held on".  Well, nobody knows what will happen with SU tomorrow, but at least I nailed down some of the profit.
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