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

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Post by Clemxb7on May 16, 2022 10:07am

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Post# 34686071

Investors waking up to Refinery / Diesel shortage?

Crack spread for diesel is though the roof. Could be as high as $265.51 (CAD)? Well from the barrel to the litre of wholesale Diesel that what the calculation says:

https://stockhouse.com/companies/bullboard?symbol=t.su&postid=34681504

Note typical crack spread is usually less that $20 (USD).

A number of refineries closed over covid now theres no capacity to produce diesel.

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