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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Suncor Energy Inc > My opinion on Suncor and the Oil market
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Comment by mrbbon May 07, 2022 4:38pm
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Post# 34664772

RE:RE:My opinion on Suncor and the Oil market

RE:RE:My opinion on Suncor and the Oil market

A recession only mean oil wouldn't go over 150.

A 85-120 oil in a recession still pretty good for producers as opcost pressure is lessen.  At 150+ oil, input cost ramp up for all energy producers. 

ultravires88 wrote: also if there is a recession it can cause oil demand destruction

 

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